Landlords and occupiers of public buildings in Nigeria now risk a fine of N1 million, a jail term of 12 months, or both, if they fail to insure their properties …
Real Estate
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EnergyGovernment PolicyInsuranceLawPublic SafetyReal EstateRegulationSecurity
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BusinessDiasporaEconomyHousingINVESTMENTReal EstateSustainability
Pelican Valley Launches Zero-Interest Housing Plan for Nigerians in Diaspora
Pelican Valley Nigeria Limited, a leading real estate company, has unveiled a zero-interest and no-hidden-charge housing and land subscription repayment plan targeted at Nigerians in the diaspora. The new offer …
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EconomyEgyptGovernment PolicyINVESTMENTReal EstateUncategorizedUrban Development
Egypt Defends Move to Offer Unused State Lands for private Investment
Egypt’s Prime Minister Mostafa Madbouly has defended his government’s decision to offer unused state-owned lands for investment in partnership with the private sector, insisting that the initiative is about unlocking …
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EgyptGovernment PolicyHousingLegal AffairsNewsReal EstateTenants and Landlords
Egypt Begins Implementation of New Old Rent Law Procedures
Egypt’s Ministry of Housing has announced the start of official steps to implement the new “old rent” law, with a focus on Article 8, which defines the rights and responsibilities …
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BankingBusinessDevelopmentEconomyEntrepreneurshipFinanceNigeriaReal EstateStartups
HQ, The Alternative Bank Partner to Provide Affordable Office Spaces for Startups Nationwide
HQ, a subsidiary of International Workplace Group (IWG), has partnered with The Alternative Bank to make modern and affordable office spaces available to startups and small businesses across Nigeria. The …
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The Nigerian Institution of Estate Surveyors and Valuers (NIESV), Lagos State Branch, has inaugurated Tosin Kadiri as its new chairman, marking the beginning of his tenure as the 29th leader …
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BusinessEastern AfricaGovernment PolicyInfrastructureReal Estate
KMRC Praised for Advancing Kenya’s Housing Agenda
The Kenya Mortgage Refinance Company (KMRC) has been praised for playing a major role in advancing President William Ruto’s affordable housing plan under the Bottom-Up Economic Transformation Agenda (BETA). The …
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BusinessHospitalHospitality, Travel & TourismINVESTMENTNigeriaReal EstateTravel & Tourism
Lagos Airport Hotel Begins Full Redevelopment With Opening of Renovated Harold Block
The management of Lagos Airport Hotel in Ikeja, Lagos, has kicked off a major redevelopment of the historic facility with the official reopening of its newly renovated Harold Block. The …
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EnvironmentGOVERNMENTReal EstateUrban Development
Magodo Residents Raise Alarm Over Environmental Threat
Residents of Magodo GRA Phase 2 in Shangisha, Lagos, have raised fresh alarm over ongoing construction activities in a part of the estate they say is not meant for development. …
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BankingEastern AfricaFinance & ServicesHousingReal EstateUrban Development
Absa Bank Pledges KShs 4 Billion to Support Affordable Housing in Kenya
Absa Bank Kenya has increased its financial commitment to the affordable housing sector with a new pledge of KShs 4 billion to support home loans for individuals. This represents a …