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30-10-2014 23:52:00 | by: Administrator | hits: 27515981 | Tags:

Vantage Capital exits Cap Tamarin
09-05-2023 | 13:32:04
Vantage Capital, Africa’s largest mezzanine debt fund manager, announced that it has fully exited its investment in Cap Tamarin, a smart city development located in the town of Tamarin on the west coast of Mauritius.
[Kenya] AI portal launched by a UK property firm to support local real estate agencies
27-03-2023 | 11:47:39
Baron and Cabot, a UK-based international real estate firm has launched a property portal that is offering a strategic expansion plan for real estate agencies in Kenya.
Baron & Cabot Launches a portal to support the expansion of local real estate agencies in Africa
22-03-2023 | 11:37:04
Baron and Cabot, a UK-based international real estate firm has launched a game-changing concept – a UK property portal that is offering a strategic expansion plan for real estate agencies in Africa.
[ChatGPT Biography] Samih Sawiris, Founder of Orascom Development
14-03-2023 | 14:57:03
Artificial Intelligence is taking the world by storm. As an experiment, Africa Business Communities is publishing a series of 100 biographies of the most successful entrepreneurs in Africa. We only ask the questions and let ChatGPT write.
[ChatGPT Biography] Manu Chandaria, Founder of Comcraft Group
14-03-2023 | 14:57:02
Artificial Intelligence is taking the world by storm. As an experiment, Africa Business Communities is publishing a series of 100 biographies of the most successful entrepreneurs in Africa. We only ask the questions and let ChatGPT write
[ChatGPT Biography] Ashish Thakkar, Founder Mara Group
14-03-2023 | 14:56:59
Artificial Intelligence is taking the world by storm. As an experiment, Africa Business Communities is publishing a series of 100 biographies of the most successful entrepreneurs in Africa. We only ask the questions and let ChatGPT write.
[Column] Natasha Koli-Muhire: Housing financiers have vital role in promoting housing recovery post disaster
14-03-2023 | 14:56:45
Many countries have constitutions that recognize the right to accessible and adequate housing and to reasonable standards of sanitation under their Bill of Rights. This right to adequate housing is critical more so within the context of disasters.
[East Africa Business Week] Bob Koigi: Bolstering integration with Tripartite Business Council
14-03-2023 | 14:56:35
In a historic move for the integration process, The East African Business Council, COMESA and SADC Business Council recently launched and formed the African Tripartite Business Council.
[Nigeria Business Week] Andrea Ayemoba: Banks rally behind women-led SMEs
14-03-2023 | 14:56:13
The NNPC has an approximated value of 50 trillion naira. With oil and gas infrastructure in Nigeria constantly plagued by mischief and vandalism, an ECOWAS expert has profferred a very interesting solution to this persisting problem
[Column] Muhammad Gambo: The Russia – Ukraine conflict and its impact on the built environment industry in Africa
14-03-2023 | 14:56:11
The imminent food crisis resulting from the war is the topic du jour. However, there are other sectors to consider; one of them is the Built Environment. 
[Nigeria Business Week] Andrea Ayemoba: Nigeria sets course to unify industry benefits, lead Africa's 5G
14-03-2023 | 14:55:46
Following a turbulent year of stock market fluctuations, restrictions related to an ongoing pandemic and varying economic instabilities, predictions on Nigeria’s performance last year ranged from inferior to mediocre to excellent.
[Nigeria Business Week] Andrea Ayemoba: Industries unanimously look toward renewable, sustainable practices
14-03-2023 | 14:55:42
The Covid-19 crisis has been cause for numerous economic slumps round the world; companies were shut down, production halted, industries crippled and prices skyrocketed the world over.
[Column] Roger Long: Divergent trends in property values across Africa
14-03-2023 | 14:55:37
The onset of the COVID-19 pandemic not only affected people and communities, but also impacted commercial property values across the world. This report looks at the effect of the pandemic on property values in Africa.
[Column] Babatunde Oyateru: Africa should rethink business models for impact and sustainability
14-03-2023 | 14:55:35
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?
[Interview] Victoria Nannozi, CEO, The Association of Real Estate Agents, Uganda
14-03-2023 | 14:55:21
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.
[Column] Victor Oladokun: Africa's lockdown nightmare
14-03-2023 | 14:54:45
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.
[Startup Interview] Oluwatosin Dada, CEO, Dadus Properties, Nigeria
14-03-2023 | 14:54:35
Oluwatosin Dada is the CEO of Dadus Properties, a Nigerian real estate startup of property development and management consultants.
[Interview] Anne Wambui Gaitha, CEO, Regal Africa, Kenya
14-03-2023 | 14:54:06
Anne Wambui Gaitha is an investment and financial services professional. She founded Regal Africa in 2015. Located at Top Plaza, 4th floor, Kindaruma Road, Kilimani, Nairobi, the company provides diverse financial services in East Africa.
[Column] Samuel Kariuki: East African real estate investors discover the working class
14-03-2023 | 14:53:51
The last 20 years of real estate boom in East Africa has changed our building landscape and inventory, as it quite rightly should have done.
[Kenya Business Week] No to robots in banks
14-03-2023 | 14:53:45
Even as Kenya continues to record impressive penetration of technology, a section of citizens still prefer the brick and mortar services and are still apprehensive about embracing new innovations among them machine intelligence.
[Kenya Business Week] US key investment target in Africa
14-03-2023 | 14:53:43
US has reiterating its commitment to strong partnerships with key countries in Africa, specifically naming Kenya as a target for future US aid and investment.
[Column] Sachen Gudka: Tracking Kenya Big Four Agenda’s performance
14-03-2023 | 14:53:42
By deliberately centering Manufacturing in the Big 4 Agenda, Kenya made an expedient decision to steer itself back on the fast track towards realizing Vision 2030.
[Kenya Business Week] Leveraging the blue economy wave to boost national purse
14-03-2023 | 14:53:37
Kenya has this week successfully hosted the first global conference on blue economy that brought together over 16,000 delegates.
[Kenya Business Week] Cementing bilateral relations with South Africa, China
14-03-2023 | 14:53:32
As Kenya continues to cement its position as East Africa’s economic powerhouse, it has been on a charm offensive targeting African and global public and private players.
[Nigeria Business Week] Towards sensible investments, capital pours in from the outside
14-03-2023 | 14:53:32
For a country as populous as Nigeria, the wheels can and should not stop rotating. Supply rarely ever exceeds demand, investors are always welcome and jobs are never surplus.
[Kenya Business Week] Fertilizer shortage and the ripple effects
14-03-2023 | 14:53:22
Mergers, expansions, partnerships, taxation controversy and delays at major installations have dominated Kenya’s headlines this week.
[Kenya Business Week] Towards affordable housing
14-03-2023 | 14:53:09
As Kenya aims for mid- level economic status it has set targets it hopes will propel it to this dream.
[Kenya Business Week] Tackling illicit financial flows
14-03-2023 | 14:53:08
In one of the most historic developments in the country, President Uhuru Kenyatta and his Swiss counterpart Alain Berset have overseen the signing of a key agreement that clears the way for the recovery of assets acquired through corruption and crime in Kenya
[Kenya Business Week] Gauging regional growth through Kenya’s prism
14-03-2023 | 14:53:06
As one of East Africa’s big brothers in economic growth and development, Kenya has this week continued to attract praise and investment with its landmark investments delivering impressive payoffs.
[Interview] Reuben Kimani, CEO, Username Investment, Kenya
14-03-2023 | 14:53:03
Reuben Kimani is an engineer, ICT professional and currently the CEO of Kenyan Real Estate company, Username Investment.
[Interview] Peter Tole, Co-Founder and Director, Land LayBy Real Estate, Kenya
14-03-2023 | 14:52:06
The real estate firm, Land LayBy was founded by Dr. Peter Tole, a Kenyan medical doctor resident in Australia, in 2014. Land LayBy is a unique combination of assistance to Africans in diaspora and accelerating economic growth on the continent.
[Startup Interview] Oladunmade Otitoola, Founder, RentYourHall, Nigeria
14-03-2023 | 14:51:45
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.
Reshaping the future of real estate for African cities
14-03-2023 | 14:51:22
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.
Roads & Corridors East Africa 2017 | 20-21 June Nairobi, Kenya
14-03-2023 | 14:51:19
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
The Kenyan real estate market and the introduction of Real Estate Investment Trusts
14-03-2023 | 14:50:53
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.
WeWork and SiSebenza announce franchise partnership in South Africa
02-03-2023 | 09:57:44
The deal also grants SiSebenza exclusive rights to grow and operate the WeWork franchise in Ghana, Kenya, Mauritius and Nigeria.
Investment firm Rogers Group targets East and Southern Africa for exponential growth
01-03-2023 | 07:26:31
For companies like Rogers, which are listed on the Official Market of the Stock Exchange of Mauritius (SEM), the pursuit of international growth opportunities is a key lever for increasing their presence in markets with high potential.
[Kenya] CMA facilitates engagement to create a Kenya National Real Estate Investment Trust
14-02-2023 | 08:17:55
The affordable housing progamme will be executed under the Sanduku Investment Initiative which will also include infrastructure. KNR will register all REITS for the development of affordable housing and infrastructure through Special Purpose Vehicles.
[Interview] Temitope O. Oguntosin, CTO, Femsin Technologies Solutions, Nigeria
16-01-2023 | 11:38:00
Femsin Technoloigies Solutions Limited is an IT solution company based in Lagos. Temitope O. Oguntosin, the company's CTO, in an interview with Africa Business Communities talks on the state of the company as well as its future growth strategies.
[Kenya] CMA exits investment platform Vuka from the Regulatory Sandbox
09-01-2023 | 13:58:00
The Capital Markets Authority (CMA), granted a ‘No Objection’ to Acorn Investment Management, to roll-out a retail investor aggregator platform ‘Vuka’ to the mass market upon the successful completion of the test in the CMA Regulatory Sandbox.
Ethos Private Equity asset management firm in Africa to be acquired by The Rohatyn Group
22-11-2022 | 10:33:00
Ethos Private Equity a leading alternative asset management firm in Africa announces that it has entered into a definitive agreement to be acquired by The Rohatyn Group.
Hivestack and RE/MAX of Southern Africa activate the world’s first programmatic digital out of home anamorphic campaign
15-11-2022 | 08:34:00
The campaign was activated for RE/MAX of Southern Africa, the leading global real estate franchisor via their agency Mark1 targeting audiences at the iconic Victoria & Alfred (V&A) Waterfront in Cape Town via V&A appointed media owner, Innovocean.
[Kenya] CMA approves listing of LAP Trust Imara Income Real Estate Investment Trust
03-11-2022 | 11:39:00
This listing by introduction gives Laptrust the platform to build investor confidence in its brand through transparency and disclosure, a track record of performance and compliance with regulatory requirements.
Au Sénégal, Nawali facilite l’acquisition de biens immobiliers aux Africains de la diaspora
02-11-2022 | 14:31:00
Nawali est une plateforme immobilière développée par une start-up sénégalaise qui permet aux utilisateurs, en l’occurrence les Africains de la diaspora, d’acheter des biens immobiliers sur la terre de leurs ancêtres.
Property investment company Baron and Cabot to help South Africans buy low interest rate property in the UK
26-10-2022 | 07:22:14
As of 2022, rising inflation has become a shared trend in Africa. Global supply disruptions caused by the COVID-19 pandemic and Russia’s invasion of Ukraine are some of the major factors responsible for inflation
Global real estate tech company MRI Software acquires South African credit bureau TP Group
19-10-2022 | 11:43:32
TPN's comprehensive solution portfolio includes verification services for credit, employment, and criminal records, as well as legislation-compliant document packs, market reports, and toolkits.
World’s tallest timber apartment tower to be built in Zanzibar
04-10-2022 | 08:12:00
The design of the mixed-use apartment and commercial building, in a playful beehive style with breathtaking ocean views, was unveiled to the public in Muscat, Oman on 1 October.
IFC partners with Absa Bank to increase affordable housing finance in South Africa
02-08-2022 | 10:47:21
IFC and Absa Bank have partnered to support the expansion of housing finance targeting lower-to-middle income households in South Africa.
DLA Piper launches inaugural survey of In-House Lawyers in Africa
22-07-2022 | 12:05:53
DLA Piper Africa, in partnership with The Legal 500, has published its inaugural WIN (What In-house lawyers Need) Insights Report for Africa and associated Benchmarking Report.
Africa-focused fund manager Vantage Capital exits Alleyroads in South Africa
05-07-2022 | 12:48:00
Vantage Capital, Africa’s mezzanine debt fund manager, announced it has fully exited its investment in Alleyroads, an affordable housing developer in South Africa, managed by Ivan Pretorius.
Nigeria pays $7.15 million for additional stake in Shelter Afrique
17-06-2022 | 15:52:21
The Additional stake now takes Nigeria's shareholding to 15.8%, one-percentage point behind top shareholder Kenya, which currently stands at 16.85%.
Jobomax, Sankofa announce joint venture pilot housing project in Ghana
17-06-2022 | 10:35:00
Sankofa Capital, a Philadelphia-based Real Estate Development Company and Jobomax Global, West Africa's most trusted homebuilder, announced a joint venture pilot housing project in Ghana.
Sotheby's International Realty opens first office in Egypt
14-06-2022 | 11:30:00
Sotheby's International Realty announced the opening of Egypt Sotheby's International Realty, signifying the brand's second office in Northern Africa and its 206th office in the EMEIA region.
[ South Africa] Gaia announces listing of B Preference shares for its Gaia Fibonacci Fibre REIT 1
07-06-2022 | 15:15:00
The REIT provides a first of its kind tax-efficient structure through which investors can realise inflation-tracking returns as a result of their exposure to exclusive fibre networks that provide internet access to a growing base of end users.
Square Seven organizes "Egypt Living" exhibition in Canada
30-05-2022 | 11:40:17
Ali Abdel Ghaffar, CEO and founder of Square Seven, highlighted that organizing this exhibition comes within the framework of integration with the government's strategy to expand exporting real estate abroad and helping real estate companies access to clients outside Egypt.
[Column] Grant Phillips: South Africa’s proptech revolution is about to begin
19-05-2022 | 14:04:28
Despite being one of the single largest industries globally, the property and real estate sector, both locally and abroad, have remained well behind the technology curve. 
Marvel Group launches Egyptian Property Market exhibition
16-05-2022 | 09:20:01
Egypt’s marketing company Marvel Real Estate intends to launch first edition of Egyptian Property Market (EPM) EXPO on 19 May.
Envol City joins Basketball Africa League as official partner
13-05-2022 | 08:34:52
The Basketball Africa League (BAL) and Envol City announced a multiyear partnership that makes Envol City an official partner of the BAL and the league’s Country Partner in Senegal.
[Kenya] CMA approves grant of REIT Manager license to Acorn Investment
09-05-2022 | 10:07:29
The Capital Markets Authority (CMA) has approved the grant of a Real Estate Investment Trust (REIT) Manager license to Acorn Investment Management.
Shelter Afrique partners with World Bank to address affordable housing crisis in Africa
09-05-2022 | 10:07:11
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.
Nigeria increases stake in Shelter Afrique, commits $29.3m in additional capital
09-05-2022 | 10:06:55
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.
CDC targets over $1bn annual investment in African businesses
09-05-2022 | 10:06:30
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.
[Kenya] CMA approves student accommodation development and income REITs for Acorn
09-05-2022 | 10:06:01
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
09-05-2022 | 10:05:59
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.
Baron & Cabot launches new base in Kenya and Nigeria to expand investment opportunities in Africa
08-04-2022 | 10:26:04
Baron & Cabot, a UK property investment company has launched its new base in Kenya and Nigeria to help Kenyans and Nigerians invest in property within the UK in a simple and effective way.
Government to pilot 3D-printed houses in South Africa
08-03-2022 | 12:58:58
The Department of Science And Innovation (DSI) is piloting the use of 3D-printed homes to help address South Africa’s housing shortfall.
RED announces the first alliance of real estate marketers in Egypt
28-02-2022 | 11:14:39
RED has prepared an extensive study on the needs of the real estate market, as well as the relationship between the real estate marketer, the real estate developer and the client.
Al- Futtaim Group Real Estate partners with Misr El Khair Foundation to develop villages in Upper Egypt
28-02-2022 | 11:09:40
The initiative aims to provide sustainable development activities in different areas in the village of Mansheyah Al Dahab Al Qblyah in Minya, Upper Egypt throughout the year.
Tanzania, World Bank sign $650m credit pacts for education and land
22-02-2022 | 12:02:00
The government of Tanzania and the World Bank have signed two concessional loan agreements worth $650 million (about Sh1.501 trillion) for the improvement of education and land administration systems.
Knight Frank Kenya appoints Mark Dunford as new Managing Director
16-02-2022 | 08:57:19
Real estate management firm Knight Frank Kenya, has appointed Mark Dunford as the new Managing Director.
[Namibia] GIPF invests $1.3m in housing development project by Beucorp
10-02-2022 | 11:35:00
The Namibian Government Institutions Pension Fund (GIPF) has invested over N$20 million (US$1.3 million) in a housing development by Beucorp Group, through Koningstein Capital Investment Property Fund.
[Egypt] New El Alamein city sees $4bn investments, housing minister
08-02-2022 | 11:00:00
Projects involved in Egypt’s new El Alamein city have raised 62 billion Egyptian pounds ($4 billion) to date, the minister of housing, utilities and urban communities said.
Homes & Villas by Marriott International launches in South Africa
26-01-2022 | 12:57:00
Homes & Villas by Marriott International announced that almost 300 exclusive Cape Town, Johannesburg and Durban homes have been added to the platform.
Vantage Capital arranges R430m mezzanine funding for Collins Residential developers in South Africa
21-01-2022 | 11:45:00
Vantage Capital announced it has arranged R430 million of mezzanine funding for the development of Seaton Estates, a residential coastal development located on the North Coast of Kwa-Zulu Natal, South Africa.
[Kenya] Centum Real Estate secures KES 17b investment commitment from GEM
21-01-2022 | 11:14:05
Centum Real Estate signed an agreement with GEM to provide a share subscription facility of up to KES 17 billion for a 36-month term following a public listing.
[Tanzania] World Bank approves $150m to aid land systems
28-12-2021 | 11:04:00
The World Bank has approved $150 million in financing to strengthen Tanzania’s land administration system and increase tenure security for at least two million land holders, users and their families.
Holcim and CDC Group unveil Africa’s largest 3D-printed affordable housing project in Kenya
07-12-2021 | 08:17:02
A new neighbourhood in a Kenyan town is to spring into existence in record time thanks to a world beating 3D printing technology.
Abu Dhabi's Chimera invests $100 million in Gemini Global Development Egypt
07-12-2021 | 08:10:55
Egyptian businessman CEO and Chairman of Ora Developers, Naguib Sawiris has announced the signing of an investment deal with Abu Dhabi’s Chimera whereby Chimera, through its subsidiary, will subscribe to a capital increase in Gemini Global Development Egypt (“Gemini”) in return for a significant minority equity stake in Gemini.
American Platform Leaders launches online real estate platform in Egypt
06-12-2021 | 09:16:46
It will launch its services in Egypt as a first step to penetrate other markets in the Middle East and Africa, considering Egypt as one of the most promising markets in the region, according to careful research studies carried out by the company's team abroad led by Ahmed Elbatrawy, the company’s chairman and founder of the new platform.
South African tech company e4 announces international expansion to the UK
01-12-2021 | 07:06:07
As one of the pioneers of property digitalisation, in South Africa e4 has established a significant client base including major South African lenders and law firms and has identified a similar opportunity in the UK market.
Zanzibar is the latest investment destination for Kenyan investors
30-11-2021 | 12:30:00
According to German real estate firm CPS, Kenyan investors form 30 per cent of all investors betting on the island nation.
[Kenya] CMA licenses Globetec Asset Managers as fund manager
23-11-2021 | 10:30:00
The Capital Markets Authority (CMA) announced it has licensed Globetec Asset Managers Limited as a fund manager.
The Gambia increases stake in Shelter Afrique with $19,200 additional capital payment
23-11-2021 | 10:18:00
The Government of Gambia has increased its stake in Shelter Afrique after paying $19,218.96 in additional capital, the pan-African housing development financier disclosed.
Real estate firm Coldwell Banker launches its latest franchise programme in Egypt
18-11-2021 | 15:39:10
Coldwell Banker - Egypt, a pioneer in real estate investment and marketing, has announced the launch of its new Franchise Program in Egypt for the first time.
Radisson Hotel Group debuts its third brand in Morocco
18-11-2021 | 07:30:00
Radisson Hotel Group and REALITES Groupe announced the signing of Lincoln Casablanca, a Radisson Collection Hotel, debuting Radisson Hotel Group’s third brand in Morocco.
NBK-Egypt invests EGP 850 million in Madkour for Projects Company
12-11-2021 | 07:28:57
National Bank of Kuwait - Egypt (NBK-Egypt) has provided a finance of EGP 850 million to Madkour for Projects Company, one of the national companies in the field of energy and infrastructure projects, for the purpose of carrying out the works assigned to the company by the Ministry of Housing.
Beta Egypt inks mortgage financing protocol with Qatari National Bank
04-11-2021 | 07:34:15
The deal allows Beta Egypt customers to purchase luxury units making use of the long-term mortgages the bank will offer at an interest rate of 8.3 per cent, as part of the Central Bank of Egypt's (CBE) initiatives, along with a variety of QNB mortgage programs.
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.
[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.