News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Public Works Minister Dean Macpherson says the government will ask the Western Cape High Court next week to contain the occupation of about 2,000 hectares of state land at Knoflokskraal, where plots are allegedly being sold illegally and holiday homes built.
Ghana's National Housing Fund says construction of social housing projects is expected to start in 2027, with designs, stakeholder consultations and site selection now under way.
Nairobi Governor Johnson Sakaja has urged the national government to fast-track the Sh80 billion Nairobi cooperation agreement, revealing that only three of 40,000 planned streetlights have been installed and that water and waste projects have stalled.
South Africa is releasing about 2.5 million hectares of state-owned land to black farmers with title deeds under the Proactive Land Acquisition Strategy, President Cyril Ramaphosa said in his weekly newsletter.
Minor Hotels and Abu Dhabi developer Bloom Holding have agreed to develop the 38-key Anantara Retreat Rabat, marking both groups' entry into Morocco's hospitality market with an opening targeted for early 2030.
IHG Hotels & Resorts has signed a management agreement with Kleek Development for a 250-key Crowne Plaza hotel in New Cairo, due to open in the first quarter of 2031 as IHG deepens its Egyptian pipeline.
Federal and state governments have backed single-digit mortgage interest rates and a 35-year repayment window at the 15th National Council on Land, Housing and Urban Development in Sokoto, as Nigeria's housing deficit is put at more than 14.5 million units.
Environmentalists say private developers have built within 20 metres of the high water mark at Mombasa's Tudor Creek, well inside Kenya's 60-metre riparian buffer, destroying mangroves and polluting the marine ecosystem.
Accra-based Zongo Technologies is developing StashUp Rent, a product that pays a tenant's full advance rent directly to the landlord, as Ghana's 1963 Rent Act cap of six months' advance goes largely unenforced.