News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Republic Bank Ghana has become the title sponsor of the JoyNews Habitat Fair under a new three-year partnership. The expanded initiative will connect prospective homeowners with mortgage providers, developers and other housing-sector professionals across Ghana.
Prospective homeowners in Ghana are being encouraged to avoid taking on oversized loans and instead build homes in stages. Republic Bank says incremental construction can make homeownership more manageable as household incomes grow.
Sir David Adjaye says Africa needs an architectural language that reflects its faith, culture and identity. Speaking in Accra, he argued that religious buildings can become catalysts for tourism, education and economic activity.
The Ministry of Housing and Urban Development introduces new safeguards, including escrow-backed payments and strict developer licensing, under the draft National Housing and Built Environment Regulation Policy to curb project abandonment and protect off-plan buyers.
The Central Bank of Nigeria's latest Credit Conditions Survey highlights growing borrower appetite for home equity, mortgages, and consumer financing alongside higher commercial bank loan approval rates.
According to the Lagos Island Residential Market Report 2026, average annual rents for two-bedroom apartments across major Lagos Island corridors have surged dramatically between 2022 and 2026, driven by land scarcity, corporate demand, and limited inventory supply.
A surge of new short-let properties in Lagos prime areas is driving up competition and driving down returns, as hosts struggle with rising power, fuel, and maintenance expenses.
Minister Ahmed Dangiwa reassures National Housing Fund contributors and mortgage customers that all records remain intact following a fire at the FMBN headquarters, with core systems backed up digitally.
South Africa’s governing coalition is heading for a major showdown over land ownership. The Democratic Alliance wants the country’s controversial Expropriation Act scrapped, warning it could undermine property rights and investor confidence.