News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Emtelaak Group has obtained a licence from Egypt's Financial Regulatory Authority for Emtelaak Real Estate Projects Fund Company to operate a real estate investment fund, opening the way for regulated property investment products.
Tanzania has released TSh20 billion for the next phase of compensation to Kipunguni residents whose properties are affected by the expansion of Julius Nyerere International Airport, taking total payments to TSh86 billion of the TSh114 billion required.
City Edge Developments has awarded a nine-year mandate to a consortium of Al Ashraaf Developments, SAM Developments and AWG to lease and operate the Mazarine Boulevard commercial promenade in New Alamein City.
Human Settlements Minister Thembi Simelane says 600 hectares across 120 Cape Town land parcels could yield about 21,000 housing opportunities, while 162,583 beneficiaries have waited at least five years on the city's Housing Needs Register.
Knight Frank data shows prime warehouse rental yields in Kampala and Dar es Salaam stayed above Nairobi in the first half of 2026, leaving the Kenyan capital trailing for a second consecutive year.
Ghana has begun the third and final phase of the Appiatse redevelopment, cutting the sod for 69 additional homes for families displaced by the January 2022 explosion.
The National Assembly Member for Foni Bintang, Bakary K. Badjie, has urged the government to stop allocating state reserve land to senior public officials and instead give priority to low-income citizens who struggle to acquire plots.
Public Works and Infrastructure Minister Dean Macpherson says only one in six public infrastructure tenders were concluded in the past 12 months, describing the rate as "simply not good enough" and warning that procurement failures risk paralysing the state.
Six members of one family died in Awgu Local Government Area of Enugu State when a head tank collapsed on their building during torrential rainfall that triggered landslides and cut off two communities from the rest of the state.