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 …
Real Estate
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BusinessEastern AfricaGovernment PolicyInfrastructureReal Estate
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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 …
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BusinessDiasporaEconomyEmploymentINVESTMENTNigeriaReal EstateTravel & Tourism
Pelican Valley CEO Says Real Estate Can Cut Nigeria’s Unemployment by 50%
Dr. Babatunde Adeyemo, the Chief Executive Officer of Pelican Valley Nigeria Limited, has said that Nigeria can reduce its unemployment rate by 50 percent if the country embraces real estate …
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DevelopmentEconomyNigeriaReal Estate
Lagos Housing Market Under Pressure as Rents Keep Rising and Affordable Homes Remain Scarce
The rental market in Lagos has been described as unstable, unpredictable, and filled with hidden rules that many tenants do not understand. This was revealed in the third edition of …
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GOVERNMENTHousingNAMIBIAReal EstateSocial WelfareUrban Development
NHE Offers 2,500 Plots for Low-Income Housing Across Namibia
The National Housing Enterprise (NHE) in Namibia has announced the release of 2,500 serviced plots across the country to support the National Informal Settlement Upgrading Project (ISUP), a government-backed initiative …
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EconomyGOVERNMENTHousingInfrastructureReal EstateUrban Development
Nigeria Announces N70 bn Urban Housing Fund to Reduce Deficit
The Federal Government of Nigeria has raised over N70 billion to fund large-scale housing developments across urban centres in the country, using Public-Private Partnerships (PPPs) as a major source of …
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Business and EconomyDevelopmentDiasporaHousingReal Estate
FMBN Offers Mortgage Loan to Nigerians in Diaspora
The Federal Mortgage Bank of Nigeria (FMBN) has introduced a special mortgage loan for Nigerians living abroad. The new product, called the Diaspora Mortgage Loan, was officially launched by the …
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The Lagos State Government has cautioned residents to be wary of fake estate agents promoting non-existent housing units for sale or rent on social media platforms. The warning comes amid …