News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Lands Principal Secretary Nixon Korir says the government will accelerate land titling at the Coast and continue buying land for settlement, with more than 200,000 residents expected to receive ownership documents by December.
Tanzania's National Social Security Fund is reassessing how to unlock value from the 302-acre Dege Eco Village in Kigamboni after a $215 million sale to a Namibian investor collapsed, with the Attorney General expected to conclude a review of its options by the end of October 2026.
More than 190 families removed from their homes in KwaDukathole, Ekurhuleni, during apartheid are still waiting for restitution payouts 12 years after the process began, despite a R115.7 million compensation offer.
Heavy rain and strong winds destroyed about 30 houses in Rwanda's Nyagatare District on September 21, leaving dozens of families without shelter as the government warns of an unusually wet September to December season.
Nigerian developer MKH Properties has signed a N30 billion commercial paper programme, with a first 364-day series yielding 25.0001%, as it moves to fund project delivery across its Lagos and Ibadan estates.
A South African consortium led by former Sibanye-Stillwater chief executive Neal Froneman is working with Rothschild & Co. on an R6.7 billion motorsport complex north of Cape Town that would include an F1 circuit, hospitality and residential property.
A Parliamentary Budget Office report says 176 affordable housing projects have stalled on delayed contractor payments, leaving a Ksh118.3 billion funding gap in the current financial year.
Anambra State deployed bulldozers to Nawfia, Abagana and Onitsha from September 18, pulling down shops and buildings the government says were erected without approval, on sidewalks, access roads and former motor parks.
CCM's deputy secretary-general for Zanzibar says the ruling party will push for new laws on land compensation and revenue sharing after residents of Bumbwini in North Unguja complained that payouts for land taken for development are inadequate.