News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Nairobi City County is seeking a private-sector partner to finance and build a mixed-use complex in Eastleigh, with a proposed development of up to 20 floors including a public market and apartments.
The Kenya Forest Service has taken control of eight holes at Muthaiga Golf Club, saying roughly 21.8 hectares claimed by the club falls inside the gazetted Karura Forest.
Egyptian developer SAM Developments has begun construction of its 90 Gate mall after selling out the project's first phase, with excavation and retaining-wall works due to start as the company pushes back on talk of a broad market slowdown.
Housing Finance Bank is expanding its Hoima operations and widening its micro-lending offer, as rising economic activity in Uganda's Bunyoro region fuels demand for housing, agriculture and small-business finance.
Nigeria's Special Control Unit Against Money Laundering and the Real Estate Developers Association of Nigeria have moved to tighten compliance in the property sector, warning developers that registration alone is not enough as the country prepares for its Mutual Evaluation.
The Kano State Government plans to build 5,000 houses under its Gida-Gida Mega City programme at Rijiyar Gwan-Gwan, with the wider housing and infrastructure package put at more than N150 billion and delivery projected within eight to 24 months.
Attacq, the JSE-listed Reit behind Waterfall City and Mall of Africa, reported 15.5% growth in normalised distributable income per share and a 17.2% rise in its full-year dividend for the year to 30 June 2026.
The Ruring'u Affordable Housing Project in Nyeri Town will include 32 commercial shops alongside four residential blocks, with physical progress at 69.5% against a 92% time lapse.
Absa has extended R5.1bn in financing to port and logistics developer Newlyn Group as South Africa pushes to shift more freight from road to rail and improve supply-chain efficiency.