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Cape Town approves housing on Seawinds park known as a gang 'killing field'
The City of Cape Town has approved closing the R7.6-million Seawinds park in Overcome Heights so the site can be used for the Overcome Heights Housing Project.
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Catch up on the latest real estate news, updates, and development stories from African markets.
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Latest News
Kenya's affordable housing drive delivers 1,836 units despite Sh122 billion spending
Kenya's affordable housing programme absorbed Sh122.2 billion in the 2025-26 financial year but completed and handed over only 1,836 units, the Controller of Budget's latest review shows.
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Ghana Property & Lifestyle Expo marks 10th anniversary with London launch
The Ghana Property & Lifestyle Expo launched its 10th anniversary edition at Ghana's High Commission in London, marking a decade of connecting diaspora investors with the country's property market.
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Pam Golding Properties expands into Germany as German buyer demand climbs
Pam Golding Properties has opened in Germany, where its transaction data shows Germany has become its second-largest source of international buyers after the UK and its fastest-growing major market.
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Addis Ababa raises civil service housing cost to 50,000 birr per square metre
Addis Ababa's housing bureau lifted the baseline construction cost for government employees' housing cooperatives from 35,000 to 50,000 birr per square metre, prompting several cooperatives to halt work.
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Green space becomes a new luxury in Kenya's prime housing market, Knight Frank says
Knight Frank's first-half 2026 Kenya Market Update says buyers are paying a growing premium for developments with substantial landscaped green space, as prime residential sale prices rose 6.2 per cent.
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Tanzania courts international investors ahead of November real estate expo
Tanzania Real Estate Expo founder Murtaza Ebrahim has held talks with investors in Dubai to attract international capital to Tanzania's property market ahead of TAREX 2026 in Dar es Salaam.
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Cameroon puts disputed Djeuga Palace site in Douala up for auction at CFA5.5bn
The Cameroonian state is auctioning the 10,704-square-metre Douala site occupied by the unfinished Djeuga Palace hotel project, with a starting price of CFA5.5 billion.
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France's Groupe Duval invests CFA11.8bn in new Douala shopping mall
French property group Groupe Duval is investing about CFA11.8 billion (€18 million) in Sadi Mall, a commercial complex under construction in Bonamoussadi, northern Douala.