AGP Executive Report
Last update: 2 hours agoReal Estate Regulation: Nigeria’s real estate developers are calling for a regulatory framework after REDAN linked weak oversight to fraud, multiple land sales and building collapses. Water Access: Residents of Abuja’s Wuse District say public taps have been dry for nearly three weeks and are pushing for urgent restoration. Housing & Infrastructure Approvals: Ogun State approved 450 housing units plus lawmakers’ quarters and road reconstruction, alongside upgrades to traditional stools. Retail Property Demand: South Africa’s Western Cape leads mall earnings, with Cape Town’s Waterfront drawing heavy footfall and high rental expectations. Cement & Construction Investment: China’s Huaxin completed its cement expansion move in Nigeria after buying Holcim’s Lafarge Africa stake, signaling continued competition in Africa’s housing and infrastructure build-out. Land & Stadium Development: Tanzania’s Yanga says its stadium delay was driven by unresolved land ownership, now cleared to unlock construction. Property Risk & Fraud Enforcement: EFCC and LASRERA move to tackle fraudulent real estate transactions in Lagos.
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