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30-10-2014 23:52:00 | by: Administrator | hits: 26566830 | Tags:

Sotheby's International Realty opens first office in Morocco
29-09-2021 | 14:57:15
Sotheby’s International Realty announced the opening of Morocco Sotheby’s International Realty, signifying the brand’s first office in Northern Africa. The addition brings the brand’s total number of affiliated offices in the EMEIA region to nearly 200.
Nomad Homes raises $20million to digitize residential real estate across Europe, Middle East and Africa
29-09-2021 | 11:46:00
Nomad pairs technology with local customer service experts to equip home buyers with the confidence to buy their best home, resulting in the simplest, most customized home buying process from search, to financing, to signing.
Shelter Afrique fully repays commercial debts, eyes regional bonds
22-09-2021 | 12:02:00
Pan-African housing development financier Shelter Afrique has fully paid commercial debts owed to eight lenders, giving the company the leverage to underwrite new debt.
[Column] Babatunde Oyateru: Africa should rethink business models for impact and sustainability
16-09-2021 | 12:30:00
Is the corporate goal of an organisation solely to return a profit to its shareholders, or should it be purpose-driven and respond to wider societal needs at the expense of robust profits?
[Egypt] Ora Developers inks deal with Jaggaer to implement source-to-pay platform
16-09-2021 | 12:22:26
The intuitive platform will enable better sourcing decisions, faster cycle times as well as streamlined data processes for enhanced collaboration and supplier relationships.
Property technology to disrupt Africa’s real estate sector, analysts
02-09-2021 | 10:10:29
Africa’s Property Technology (Proptech) sector is ramping up and is a key component of future strategies for local REITs, operators and others looking to future proof their real estate businesses.
Nigerian Rent4Less raises $1m private placement bond to entrench monthly rental culture in Africa
01-09-2021 | 10:34:00
Nigerian rental scheme company Rent4Less by Alpha Mead, announced it raised a fixed-rate series one $1 million private placement bond to entrench the culture of monthly rental in Africa.
TPT Global Tech partners with SWA to develop Smart Villages in West Africa
01-09-2021 | 08:25:00
TPT Global Tech announced it has entered into a strategic technology agreement with Skybridge West Africa (SWA), to participate in the development of 20 Smart Villages in West Africa.
IFC partners with Letshego Africa to increase access to affordable housing in Namibia
31-08-2021 | 11:24:00
IFC has partnered with pan-African finance organization Letshego, to increase access to affordable housing finance for thousands of individuals in Namibia with the potential to expand its partnership to other countries.
[Kenya] CMA admits Acorn to regulatory sandbox
26-08-2021 | 11:45:42
The Capital Markets Authority (CMA) has admitted Acorn Investment Management Limited to the regulatory sandbox for one year.
Fortress REIT launches R900m sustainability-linked bonds to scale up its renewable energy outputs in South Africa
13-08-2021 | 11:12:00
Fortress REIT, South African hybrid fund investing in direct properties and other listed real estate companies, launched a total of R900 million sustainability-linked bonds aligned to its ongoing strategic ESG plan to scale up its renewable energy outputs.
Radisson Hotel Group announces16th hotel in South Africa with signing of Radisson Hotel Middelburg
10-08-2021 | 16:16:57
Radisson Hotel Group announced the signing of Radisson Hotel Middelburg as part of the Group’s expansion plan in South Africa.
Jobomax launches new housing model to expand options for middle and lower-income buyers in West Africa
06-08-2021 | 09:54:43
Jobomax, West Africa's homebuilder, announced its first model in the $10,000 - $20,000 price range, to expand options for middle and lower-income buyers.
UN-Habitat partners with TAF Africa Global to promote affordable housing in Africa
05-08-2021 | 15:46:00
The UN-Habitat signed a Memorandum of Understanding (MoU) agreement with Pan-African real estate development company TAF Africa Global (TAF), to provide one million affordable housing units in Africa in the next seven years.
UK government commits £35m to develop affordable green housing in Kenya
30-07-2021 | 11:40:00
The UK Climate Investments (UKCI) has committed £30 million and FSD Africa Investments (FSDAi) has committed £5 million to support green affordable housing projects in Kenya.
Tatweer Misr and First Abu Dhabi Bank, Egypt branches sign agreement to offer exclusive mortgage services
29-07-2021 | 09:16:00
This partnership is in line with Tatweer Misr’s strategy to stimulate sales and facilitate the benefits of mortgage services, strengthening the overall purchasing power.
Acorn Holdings closes oversubscribed final tranche of its Green Bond in Kenya
23-07-2021 | 12:51:46
Acorn Holdings announced that Acorn Project (Two) Limited Liability Partnership, the Issuer of the Acorn Medium-Term Green Note (MTN) Programme, closed the final tranche, raising KES 2.096 billion against the target of KES 1.438 billion.
Knight Frank expands into Commercial Property Market in South Africa with Rennie Property partnership
23-07-2021 | 09:11:29
Global real estate adviser Knight Frank has partnered with Rennie Property, one of South Africa’s most prominent and trusted commercial property specialists.
Buildher Kenya receives $40,000 from GREA to empower women in construction
16-07-2021 | 16:02:00
Skills development and empowerment of women in construction received a boost as real estate developer Gateway Real Estate Africa (GREA), handed over a donation of $40,000 (KES 4,328,000) to Buildher Kenya.
IFC invests in bond to support access to affordable housing in Tanzania
16-07-2021 | 12:22:00
To help increase access to longer-term, affordable mortgages and housing in Tanzania, IFC subscribed to a corporate bond issued by the Tanzania Mortgage Refinance Company (TMRC), which was listed on the Dar es Salaam Stock Exchange.
WRI, UNEP, GEF and partners launch Zero Carbon Building accelerator
02-07-2021 | 12:10:18
World Resources Institute, with support from the Global Environment Facility, UN Environment Programme and World Green Building Council, among others, have launched the Zero Carbon Building Accelerator (ZCBA) to speed up the transition to zero-carbon, efficient buildings around the world.
Barclays appoints Bronson Albery as Head of Real Estate Banking for Europe, Middle East and Africa
02-07-2021 | 12:08:05
He joins Barclays from JP Morgan Cazenove, where he has spent 22 years, starting as an Associate in its M&A team before taking over the management of the UK real estate team in 2016.
South African companies invest $100 million in Kenya’s Tatu City
23-06-2021 | 11:51:52
Investment by South African companies has topped $100 million at Tatu City. The 5,000-acre Special Economic Zone – located 30 minutes from central Nairobi – represents one of the largest concentrations of South African foreign direct investment in Kenya and East Africa.
KONE wins order to deliver, install elevators and escalators for the Iconic Tower building in Egypt
23-06-2021 | 09:12:00
KONE Corporation, a global player in the elevator and escalator industry, has won an order to deliver and install 60 custom-made elevators and escalators for the Iconic Tower building, located in Egypt’s new administrative capital.
Radisson Hotel Group debuts in Djibouti
21-06-2021 | 14:55:00
Radisson Hotel Group announced the signing of Radisson Hotel Djibouti. The hotel marks the Group’s entry into the country and brings its East African portfolio to 18 hotels and over 2700 rooms.
Absa Kenya unveils mortgage facility targeting middle class earners
17-06-2021 | 11:15:08
The proposition seeks to increase mortgage uptake by prospective homeowners, offering options towards homeownership such as construction loans and home loans for self-employed individuals.
[Interview] Teddy Kimani, CEO, vukaplus.com, Kenya
17-06-2021 | 09:42:00
Teddy Kimani is the CEO and Founder of Vukaplus, a Kenyan-based classified ads company that provides an online platform for users to place ads for properties, cars, job vacancies, businesses and services.
Real estate developer SODIC partners with Orange Egypt to provide integrated smart solutions across all projects
17-06-2021 | 08:51:06
Real estate developer SODIC has announced the signing of a partnership agreement with Orange Egypt, the provider of integrated telecommunications services in Egypt, to provide the latest integrated smart solutions across all SODIC projects.
IFC, Belco Realty partner to develop affordable housing and commercial space in Kenya
15-06-2021 | 12:42:00
IFC announced partnership with Kenyan firm Belco Realty to support the development of a mixed use affordable living complex that will consist of 1,379 residential units and over 4,500 square meters of retail and commercial space in Mombasa county.
Inertia, PayTabs Egypt and valU partner to provide e-payment solutions for home improvement financing
25-05-2021 | 08:45:00
Inertia and EFG Hermes’ NBFI subsidiaries - PayTabs Egypt and valU, the buy-now pay-later platform (BNPL), have entered into an arrangement that will allow Inertia’s clients to process payments online.
IFC, Eris Property partner to support affordable student housing in South Africa
13-05-2021 | 09:25:00
To boost the development of affordable, quality, and resource-efficient student accommodation in South Africa for low-income students, IFC announced financing for a new investment platform managed by South Africa's Eris Property Group.
Kasada Capital Management acquires the largest hospitality complex in Namibia
12-05-2021 | 10:47:00
Kasada will rebrand the hotels utilizing the management skills, expertise and marketing resources available from its strategic partnership with Accor and its portfolio of renowned international hotel brands.
Shelter Afrique partners with Triangle Real Estate to develop housing units for South Sudan Defense Forces
12-05-2021 | 08:32:51
The Project scope includes the development of 148 housing blocks of 160 housing units each at New Site, Qiada Junubiya, J-3 Presidential Guards Apartments, and at New Bonga.
Global real estate agency Chestertons expands footprint in North Africa and Europe
06-05-2021 | 12:05:45
The expansion of the franchise business means Chestertons’ geographic reach (in terms of physical office presence) has expanded from 15 countries in Q1 2020 to 21 today, an increase of 40%.
Standard Bank partners with MIT on innovative housing and food project in Namibia
06-05-2021 | 09:20:21
Standard Bank Group and the Massachusetts Institute of Technology's (MIT’s) Center for Bits have partnered on an innovative social upliftment project in Namibia that uses fungal material from mushrooms to develop housing and food products.
American homebuilders of West Africa returns to roots with Jobomax rebrand
05-05-2021 | 08:19:09
West Africa's provider of high-quality housing and housing finance solutions announced an updated logo and a return to its founding corporate identity as Jobomax.
Banque Misr grants EGP 1.1 billion in Islamic financing to real estate firm Inertia Egypt
27-04-2021 | 12:02:47
Banque Misr has signed an 8and a half-year Modaraba Islamic financing with Inertia Egypt to grant the company EGP 1.1 bn, which will be used to finance the fourth phase of the company’s Coast project; Jefaira.
Orange Egypt signs agreement with Mountain View to provide TRIPLE PLAY services in its projects
26-04-2021 | 09:52:58
The Triple Play services provided by Orange inside Mountain View projects will include all residential units, allowing the highest possible Internet speeds up to 200 MB.
Telecom Egypt provides internet services for MARAKEZ projects
26-04-2021 | 09:44:56
The agreement was signed by Eng. Adel Hamed, Managing Director and Chief Executive Officer of Telecom Egypt and Eng. Basil Ramzy, Chief Executive Officer of MARAKEZ for Real Estate Investment.
[Nigeria] Novarick Homes and Properties invests in renewable energy to promote sustainable living
23-04-2021 | 16:28:07
Novarick Homes and Properties was established in 2018 as a real estate development firm, providing housing and investment solutions in Lagos, Nigeria
Gateway Real Estate Africa to build office development at Appolonia City in Ghana
19-04-2021 | 15:53:29
Gateway Real Estate Africa (GREA), a private real estate development company specialising in turnkey construction in Africa, announced that it will build its first commercial office building in Ghana at Appolonia City
Lafarge Egypt launches first Ecolabel cement in the country
07-04-2021 | 19:56:24
The new products comply with the company’s green criteria, including lower CO2 footprint and recycled content.
[Interview] Victoria Nannozi, CEO, The Association of Real Estate Agents, Uganda
07-04-2021 | 09:28:00
The Association of Real Estate Agents, AREA-Uganda, is an umbrella institution of real estate agency/brokerage companies, consultancy real estate firms, and real estate agency /brokerage professionals in Uganda that have key interests in real estate agency/brokerage.
JSE lists first Social Bonds on its Sustainability Segment in South Africa
01-04-2021 | 09:33:00
The Johannesburg Stock Exchange (JSE), welcomed the first listed Social Bonds in South Africa to its Sustainability Segment.
Shelter Afrique, African Solidarity Fund partner to strengthen Member States economic development
30-03-2021 | 09:16:00
Shelter Afrique and the African Solidarity Fund (ASF) have joined forces to enable the two institutions contribute more effectively to the economic development of their common member states.
Lafarge Egypt partners with National Research Centre to promote use of innovative construction materials
25-03-2021 | 07:30:31
The National Research Centre (NRC) and Lafarge Egypt, a member of LafargeHolcim Group, have inked a Memorandum of Understanding, to promote the future of the Cement Industry in Egypt.
Radisson Hotel signs first Africa property in Ghana
23-03-2021 | 08:19:17
The Radisson Hotel Group has rolled out its first Radisson Individuals property in Africa, with the signing of Earl Heights Suites Hotel, a member of Radisson Individuals, Accra, Ghana.
[Egypt] AEEE Capital Holding signs $650 million deal for construction of a 500-acre development
18-03-2021 | 11:45:00
AEEE Capital Holding & Advisory Group Inc (AEEE) has signed a $650 million deal to complete development and construction management of a 500-acre Phase II sector of the New Capital East of Cairo in Egypt.
[Kenya] FBW and Fusion Capital to create large-scale affordable housing strategy
18-03-2021 | 11:36:13
East African planning, design, architecture and engineering team FBW Group is working with Fusion Capital, a real estate developers, to create a low-cost, affordable housing strategy in Kenya.
Orange Egypt and Tabarak Development transform real estate project 90 Avenue into an Integrated Smart Compound
17-03-2021 | 10:14:00
Orange Egypt, a provider of integrated telecommunications services, has signed a cooperation agreement with Tabarak Development, the real estate developer in Egypt.
InfraCo Africa invests in Acorn Holding’s $10m REIT for affordable student accommodation in Nairobi, Kenya
25-02-2021 | 14:04:00
InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has subscribed to the Acorn Holdings Real Estate Investment Trust (REIT) committing to support the delivery of affordable student accommodation in Nairobi.
[Nigeria] Novarick Homes unlock new investment opportunities in Lagos
24-02-2021 | 06:40:39
Considering the annual remittance of about $24 billion from the diaspora, Novarick Homes, a property development company has unlocked new investment opportunities for this year.
Unity Homes, Rendeavour expand partnership from Kenya to Nigeria
15-02-2021 | 14:11:00
Unity Homes, a developer of inclusive residential communities, and Rendeavour, Africa's new city builder, are expanding their partnership from Kenya to Nigeria with a 576-unit apartment complex in the Lekki Free Zone in Lagos.
[South Africa] Logistics property fund Equites announces sale of two UK distribution warehouses
04-02-2021 | 12:13:44
The JSE listed specialist logistics property fund, Equites, announced it has sold two high-quality UK distribution warehouses to real estate funds managed by Blackstone for £43.4 million.
ChemPoint announces new partnership with allnex in EMEA
26-01-2021 | 09:23:08
ChemPoint.com announced that allnex has chosen ChemPoint for marketing, sales, and distribution of the UVEKOL glass laminating system in Europe, the Middle East, and Africa (EMEA).
Nigeria accounts for largest share of new housing units in Africa and Mideast Region, report
26-01-2021 | 07:49:59
Homebuilding activity in the Africa/Mideast region will continue to be driven by urban population growth, increased standards of living, and – aside from 2020, when the region will see a recession brought on by the COVID-19 pandemic – healthy economic expansion.
CDC targets over $1bn annual investment in African businesses
22-01-2021 | 08:15:00
CDC Group, the UK’s impact investor and development finance institution (DFI), announced a commitment to invest over $1 billion again in African businesses in 2021.
London Real Estate company announces launch targeting African investors
13-01-2021 | 07:49:00
Wetherby Real Estate, which has been created to source and acquire luxury Serviced Accommodation in Prime Central London on behalf of global investors, has announced its launch.
[South Africa] Millat announces the opening Of Hyatt Regency Hotel in Cape Town
15-12-2020 | 14:42:50
Millat Properties, the South African real estate company, has announced the opening of Hyatt Regency Cape Town, the first Hyatt-branded property in the 'Mother City'.
PropertyGuys.com's Canadian-made real estate platform expands to South Africa
15-12-2020 | 08:53:46
PropertyGuys.com, one of Canada's celebrated PropTech pioneers announces its recent international expansion.
[Kenya] CMA approves student accommodation development and income REITs for Acorn
15-12-2020 | 08:52:48
The Capital Markets Authority (CMA) approved the Acorn Student Accommodation Development Real Estate Investment Trust (ASA D-REIT) and Income Real Estate Investment Trust (ASA I-REIT) sponsored by Acorn.
[Kenya] CMA approves Kshs4 billion Centum Medium-Term Note
11-12-2020 | 11:54:49
The Capital Markets Authority (CMA) has granted approval to Centum Real Estate (Centum Re) to issue secured zero-coupon and secured zero-coupon equity-linked Medium-Term Notes of Kshs4 billion, with a green shoe option of Kshs2 billion.
American Homebuilders of West Africa expands into Guinea
03-12-2020 | 08:13:14
American Homebuilders of West Africa, AHWA, has announced that it had closed on an acquisition of new land in Maneah in the Conakry suburbs.
[Kenya] CMA approves grant of REIT Manager license to Acorn Investment
19-11-2020 | 13:47:00
The Capital Markets Authority (CMA) has approved the grant of a Real Estate Investment Trust (REIT) Manager license to Acorn Investment Management.
Housing Finance Bank, AFD sign €10.5m agreement towards affordable housing in Uganda
18-11-2020 | 07:41:00
Housing Finance Bank Uganda and Agence Française de Développement signed two financing agreements of €10.5 million to support the development of a housing finance offer adapted to the needs of the populations all over Uganda.
[South Africa] e4 appoints Ian Bayne Managing Executive for its Proptech division
16-11-2020 | 08:51:16
South Africa's Fintech firm, e4 has announced the appointment of Ian Bayne as Managing Executive of the Proptech division.
Nigerian rental financing startup Kwaba secures funding from Ingressive Capital for expansion
03-11-2020 | 15:37:00
Ingressive Capital, a $10 million VC fund targeting early-stage startups across Sub-Saharan Africa, announced its investment in Nigerian rental financing startup Kwaba.
[Rwanda] Shelter Afrique to develop large scale housing project in Kigali
21-10-2020 | 08:57:00
Shelter Afrique Board has approved the development of the Kinyinya Park Estate Project- a 10,000 integrated and sustainable large scale housing project in Kigali.
Shelter Afrique partners with World Bank to address affordable housing crisis in Africa
22-09-2020 | 12:47:33
Pan-African housing development financier Shelter Afrique has entered into a strategic partnership with the World Bank aimed at addressing the affordable housing crisis evident across the continent.
Crystal Lagoons to expand across Africa
11-09-2020 | 13:15:00
In Africa, U.S water-innovation company Crystal Lagoons totals 29 real-estate projects anchored by crystalline lagoons, and is now breaking into the African market with its revolutionary Public Access Lagoons.
Nigeria increases stake in Shelter Afrique, commits $29.3m in additional capital
08-09-2020 | 14:37:00
Pan African housing development financier Shelter Afrique has received $9.4 million from the Federal Republic of Nigeria, being the first tranche of the $29.3 million the country has committed in additional capital subscription.
[Nigeria] Custodian signs agreement with UAC to purchase 51% of UPDC
18-08-2020 | 09:26:00
The Board of Directors of UAC Nigeria announced a binding agreement has been signed with Custodian Investment to purchase a 51 percent equity interest in UACN Property Development Company (UPDC) from UAC.
Kenya receives $150m to improve living conditions for residents in urban informal settlements
10-08-2020 | 08:36:00
The World Bank approved a $150 million International Development Association credit to improve tenure security and access to basic services for 1.7 million residents living in selected Kenya’s urban informal settlements.
[South Africa] Vantage Capital provides Alleyroads with R82m funding
24-07-2020 | 11:39:00
Vantage Capital announced that it has provided R82 million of mezzanine funding for the development of Kayalane Heights, a first-of-its-kind affordable housing development located in Lebowakgomo, Limpopo.
[Column] Victor Oladokun: Africa's lockdown nightmare
25-04-2020 | 08:40:43
Across Africa, affordable housing is in acute short supply. It is one of the reasons why lockdowns and social distancing during the COVID-19 pandemic are unimaginable and unsustainable.
[Kenya] Safaricom partners with NSSF to collect tenant purchase scheme installments through M-PESA
31-03-2020 | 09:03:00
Safaricom and the National Social Security Fund (NSSF) have announced a partnership to empower customers on the NSSF Tenant Purchase Scheme make monthly installments through M-PESA.
[Startup Interview] Adeniyi Atiba, Director, Dr.3pleA Company, Nigeria
04-03-2020 | 12:34:00
Dr.3pleA Company is a tech startup domiciled in Nigeria that offers a host of services among them HR Management consulting, e-learning and provision of information on investment in real estate.
Prosperity Fund’s Future Cities programme launches in South Africa
24-02-2020 | 16:37:00
The UK Prosperity Fund, in partnership with Future Cities South Africa is launching their Future Cities Programme in three of South Africa’s major city municipalities; Cape Town, Johannesburg and Durban.
[Startup Interview] Oluwatosin Dada, CEO, Dadus Properties, Nigeria
12-02-2020 | 07:14:00
Oluwatosin Dada is the CEO of Dadus Properties, a Nigerian real estate startup of property development and management consultants.
Banque Misr, partners to fund for low-income earners housing units in Egypt
05-02-2020 | 15:49:00
Banque Misr signed a cooperation protocol with the Social Housing Fund, Real Estate Finance and Misr Express for Development and Trade (Zaher), to fund for housing units for low-Income earners in Egypt.
[Kenya] MPC loweres Central Bank Rate to 8.25% from 8.50%
29-01-2020 | 09:09:00
The Monetary Policy Committee (MPC) lowered the Central Bank Rate (CBR) to 8.25% from 8.50%, citing a backdrop of domestic macroeconomic stability, potential risks to food supply and increased global uncertainties.
[Kenya] Cytonn launches CAHIP, home ownership savings plan
24-01-2020 | 15:16:00
Cytonn Investments launched the first Home Ownership Savings platform within a regulated collective investment scheme, Cytonn Affordable Housing Investment Plan (CAHIP).
[Kenya] Mizizi Africa Homes mulls use of big data to personalise dream properties
22-01-2020 | 09:47:13
Real estate firm, Mizizi Africa Homes has announced plans of deploying big data to boost efficiency of its operations and offer custom solutions to prospective homeowners.
American Tower aquires Eaton Towers, enters agreement to acquire JV stakes in Ghana, Uganda from MTN
06-01-2020 | 15:01:00
American Tower Corporation has announced that it has closed its previously announced acquisition of Eaton Towers Holdings, adding approximately 5,700 communications sites to its African portfolio.
First homes in Kenya ready in landmark affordable housing initiative
10-12-2019 | 13:06:00
Kenyan President Uhuru Kenyatta launched the first project as part of an ambitious 100,000 affordable homes agreement between the government of Kenya, UNOPS, and Sustainable Housing Solutions.
LafargeHolcim expands affordable housing solutions in Africa
28-11-2019 | 08:13:00
Global building materials and solutions company LafargeHolcim is increasing its commitment to provide low-carbon and affordable housing solutions in Africa.
[Kenya] Supply-demand imbalances sustain house prices decline streak, KBA-HPI
26-11-2019 | 11:16:00
The Kenyan house prices remained in the negative territory during the third quarter of 2019, in what the latest Kenya Bankers Association House Price Index (KBA-HPI) has attributed to supply-demand imbalances.
IFC, SOFID join forces to support tourism, growth and job creation in Lusophone Africa
26-11-2019 | 07:33:00
IFC and SOFID, the Portuguese development finance institution, have agreed to work together to support sustainable tourism investments in emerging markets as an engine for growth and job creation.
[South Africa] Fairvest Property Holdings to list on A2X
28-10-2019 | 09:19:09
Fairvest Property Holdings, a real estate investment trust with a market cap ofR2 billion, has been approved for a secondary listing on A2X Markets.
High Net-Worth Investors drive hospitality sector in Francophone Africa
18-10-2019 | 08:38:00
Francophone Africa’s burgeoning hospitality market continues to be a critical opportunity for “global hospitality brands and investors,” says the host of the second annual bilingual FrancoReal Property Investment Forum, Kfir Rusin.
[Egypt] Hyatt announces plans to open Hyatt Regency Cairo West in 2020
08-10-2019 | 16:12:00
Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a franchise agreement with ALDAU Development group for a Hyatt-branded hotel in Cairo, Egypt.
[Kenya] Tatu City and I&M Bank ink property financing deal
02-10-2019 | 13:05:00
Kenya’s urban developer Tatu City and I&M Bank have signed a Memorandum of Understanding to facilitate access to credit for buyers of property within the 5,000-acre development.
Sierra Leone government and Sherbro Alliance Partners collaborate to establish economic city
02-10-2019 | 10:35:00
The Government of Sierra Leone (GoSL) and Sherbro Alliance Partners have signed a Memorandum of Understanding on a strategic partnership for the development of a new charter city.
IHG Group signs 10-property deal with Aleph Hospitality to expand presence across Africa
26-09-2019 | 10:03:00
InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has signed a Master Development Agreement with Aleph Hospitality to develop ten franchise hotels across IHG’s portfolio of brands in midscale and upscale segments.
Mixed-use is the key to funding African hotel development, JLL report
18-09-2019 | 08:49:00
A new report from JLL has revealed that people seeking to finance new hotel projects in Africa will be much more successful if their hotel is part of a mixed-use development.
Africa Logistics Properties addresses current supply chain challenges in the East African Region
17-09-2019 | 09:40:00
Key stakeholders in the logistics industry gathered in Nairobi for a Supply Chain Network forum to discuss the challenges facing the sector.
[South Africa] Durban Aerotropolis to turn King Shaka International Airport into a smart city
17-09-2019 | 09:06:00
The Department of Trade and Industry announces that a 50-year Durban Aerotropolis master plan has been unveiled and the plan will set in motion ground-breaking initiatives with regard to the development of Durban Aerotropolis.
Innovative leasing deals boost Kenya’s office market, Broll Property
22-08-2019 | 11:43:00
A creative approach to leasing deals is helping innovative landlords offset the challenges of high vacancies in an overstocked Nairobi office market, according to Broll Property Intel’s latest Kenya Office Market Snapshot H1:2019 report.
Accor to raise first MGallery flag in Nairobi as East Africa expansion plans gain momentum
13-08-2019 | 07:42:47
Accor, a world-leading augmented hospitality group, is building out its presence in East Africa having signed an agreement to manage its first MGallery Hotel Collection property in Nairobi, Kenya.
IFC partners with Protea Hotels to develop tourism sector in Zambia
23-07-2019 | 14:21:00
IFC, a member of the World Bank Group, today announced a loan to Protea Hotels Zambia, a subsidiary of conglomerate Union Gold Zambia, to build and operate a hotel and conference center in the outskirts of Lusaka.