News
Catch up on the latest real estate news, updates, and development stories from African markets.
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Authorities in Accra have started demolishing structures inside the protected buffer zone of the Kpeshie Lagoon at Laboma Beach, following a 21-day ultimatum issued by the Greater Accra Regional Security Council.
Lagos State says it will provide sustainable infrastructure across government-owned housing estates, including a shift to solar power for sewage and water treatment plants to cushion rising electricity tariffs.
Egyptian digital brokerage Thndr Securities Brokerage plans to launch a multi-issue real estate fund of about LE 300 million ($5.9 million) per issuance before the end of 2026.
A Gazette Notice lists six major residential developments planned across Nairobi, including a 23-storey tower with 616 apartments in Kileleshwa and three 18-storey blocks with a combined 601 units off Ngong Road.
Kenya's Boma Yangu Chesumei Estate in Kapsabet, Nandi County, is taking shape as a 1,065-unit integrated housing scheme split across social, affordable and market-rate segments.
Uganda's state minister for lands, Harriet Ntabazi, warned officials in eastern Uganda against grabbing public land as the government's national land inventory rollout reached Mbale.
Former REDAN president Aliyu Wamakko has described real estate as a conduit for money laundering, urging the government to cut cement taxes and consider subsidies while calling for passage of the Real Estate Regulation and Development bill.
Former residents of Buxton in Mombasa and human rights groups are pressing the Ethics and Anti-Corruption Commission to disclose the status of its investigation into how six acres of public land were transferred for an affordable housing project.
TMG Holding chief executive Hisham Talaat Moustafa says Egypt's property market is normalising after the inflation-driven surge of 2023-2024, pointing to a 99.6% collection rate while acknowledging stress among smaller developers.