Oladunmade Otitoola, an entrepreneur and beneficiary of the Tony Elumelu Entrepreneurship Program in 2016, is founder of RentYourHall, Nigeria. Africa Business Communities poses him some questions on development of the startup.
Improvon Group, one of South Africa’s most established logistics and warehouse property specialists, is poised to disrupt the sector in key sub-Saharan distribution markets, following a recent joint venture with Actis.
International investment institutions expected Egypt to witness a significant economic improvement starting next year in terms of foreign investment inflows, especially in the oil and gas, real estate and consumer product sectors.
[Mauritius] LUX Resorts & Hotels implements 100% renewable energy production project on Ile des Deux Cocos property
LUX Resorts & Hotels has implemented 130 solar panels and batteries to fully substitute diesel-based power generation for the needs of Ile des Deux Cocos, off-grid South-East Mauritius.
East Africa’s largest real estate project is rapidly taking shape as the region’s newest, most modern city. Although planned as a 20 to 25-year project, Kenya’s Tatu City is already beating its own infrastructure deadlines.
Appolonia City, Accra's new city development, will build 100 affordable homes as part of a partnership with the country's leading mortgage provider, Ghana Home Loans.
Rentorr is a dynamic online platform that brings together property owners, real estate players, vendors, people who want to rent a home, in one space. It offers solutions that completely align with the realities of the 21st century.
[South Africa] AXS Systems makes residential estate, office park management easier with integrated online platform
AXS Systems recognizes the challenges faced by South African residential estates and office parks who struggle to manage various aspects of their communications and resident interactions.
African Property Group is launching eight new websites in emerging African nations that will allow the populations to search for properties, using their computers or mobile phones.
Researchers predict that in 2030, Lagos, Cairo and Kinshasa will each have to cater for over 20 million people, while Luanda, Dar es Salaam and Johannesburg will have crossed the 10 million mark.
African Property Group has launched last January eight websites in emerging African countries that allow local people to find properties for sale or rent using their computers or mobile phones.
Governments across East Africa are set to change transportation and trade development by investing in the expansion and rehabilitation of existing roads, the creation of new road links between key cities and cross-border connections
Namibia Mortgage Acceptance Corporation ("Namibia MAC"), a subsidiary of Africa Growth Corporation has announced its intention to launch a Regulation D (506(c)) debt offering as it seeks to secure funds through accredited investors to facilitate access to financing solutions
The focus section of the latest edition of the Kenya Economic Update by World Bank has been dedicated to analyzing Kenya’s housing market and the policies that can be put in place to make housing more affordable for many Kenyans, as stipulated in the Constitution of Kenya 2010 and the National Development Plan, Vision 2030 Strategy.
Notwithstanding the negative growth recorded in 2016, the real estate sector is expected to grow at an average rate of 5.39 per cent between 2017-2020.
Marriott International to debut Aloft Hotels in Mauritius with signing of the brand’s first adaptive re use project in Africa
Marriott International, Inc. has announced plans to launch its cutting-edge Aloft brand in the capital city of Mauritius with the signing of Aloft Mauritius Port Louis. Slated to open in early 2019, the hotel will be the brand’s first adaptive reuse project in Africa.
Kwara State Government has signed a partnership agreement with the Africa Nations Development Programme (ANDP), to build 5,000 housing units in the state.
Halima Aliko Dangote was recently appointed the president of The Africa Center in New York City (with the major responsibility of raising capital for the center. The goal is to raise funds to complete the center building in New York.
The African Development Bank has disbursed an equity investment of $8.2 million in Shelter Afrique, a Development Finance Institution investing in affordable housing for Africa.
The past decade has seen significant growth in most key sectors of the Kenyan economy, thanks to a vibrant private sector and the ever-increasing foreign appetite for investments in Africa.
IFC, a member of the World Bank Group, has announced a financing agreement with the West African Economic and Monetary Union’s Caisse Régionale de Refinancement Hypothécaire,
Kenya’s premier mortgage lender Housing Finance has announced that it intends to introduce a credit facility that will allow subscribers access loans at below market rates, as it seeks to increase home ownership numbers in Kenya.