Potential impacts of real estate investment in economic development

Real estate plays a vital role in human and national economic development. On the individual level, after food and clothing, housing (real estate) is the next basic necessity. There is no human being, there is no business that does not require...

Tanzanian man stabbed to death after argument over Simba and Yanga football clubs

A football fan was reportedly killed by a fellow fanatic after an argument arose between them on September 16 The deceased, a 28-year-old, and the suspect had been embroiled in a heated discussion about Simba and Yanga when the latter allegedly...

Nigerian Petroleum Marketers Challenge Dangote Refinery To Show Evidence Of Sabotage, Smuggling

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has rejected claims made by Dangote Petroleum Refinery in a recent press statement, accusing the company of distortion and attempts to edge competitors out of Nigeria’s...

Real Estate Stakeholders’ Forum 2025 charts a new course for housing and investment reform in Lagos 

The forum brought together over 1,000 developers, investors, policymakers, and professionals to address Nigeria’s housing and investment challenges Stakeholders adopted the Real Estate Developers Association of Nigeria (REDAN) to present a jointly...

Firm unveils HOME scheme to tackle 28m housing deficit in Nigeria

Nigeria’s housing crisis continues to deepen, with experts estimating a deficit of over 28 million units. Reports has revealed that the country builds far fewer than the 700,000 homes required annually over the next two decades to bridge this gap....

IFC and TUHF join forces for sustainable urban transformation in South Africa

Marking an important milestone for the Trust for Urban Housing Finance (TUHF), the financier has partnered with the International Finance Corporation (IFC) to expand affordable housing and advance green construction in South Africa. The...

No longer at ease: It's time to fix Kenya's broken security

Kenya today is walking a dangerous path. When bodies are being discovered in unusual places – even in a stadium under construction – and when prominent personalities, including Members of Parliament, lawyers, can be shot and lose their lives, then...

From lithium to cobalt, India joins $1T global race for Africa’s minerals alongside major powers

India is intensifying its bid for Africa’s critical minerals, from lithium to cobalt, as part of a $4 billion investment drive to secure supply chains essential for clean energy and advanced manufacturing. The initiative focuses on essential...

From Zimbabwe to Zanzibar: Sub-Saharan Africa's Hotel Pipeline Booms

Africa's hotel industry is experiencing unprecedented growth, with 577 new hotels and resorts under construction, adding over 104,000 rooms. This 13.3% increase far outpaces global growth, with sub-Saharan Africa driving much of this momentum....

YACOOB ABBA OMAR: G20 could be launch pad for addressing Africa’s debt

Bond financing proved more expensive than concessional lending, while shortened debt tenures intensified rollover risks. Meanwhile, non-Paris Club lenders, particularly China and the Gulf states, expanded their lending to African governments. This...

MTN commences construction of $240m first AI data centre in Nigeria

MTN Group has commenced the construction of its first artificial intelligence (AI) data centre in Nigeria at an estimated cost of $240 million. The Johannesburg-based telecommunications company confirmed that the project will serve as the...

How cyber threats could derail South Africa's mining recovery ?

While South African mining may have seen positive growth recently, there’s a new threat lurking in the digital realm: cyberattacks. Headlines often focus on commodity prices and logistical constraints as risks to the sector; a less visible but...

Side hustle to homeowner – gig workers make their mark on SA’s property market

An estimated 2.4 million South Africans now earn their living through self-employment, according to StatsSA – and this growing wave of gig workers is fast becoming a discernible force in the property market. Although variable income has...

Is it legal in South Africa for your pets to inherit your assets?

Your pets aren’t just pets. Many owners like you regard dogs, cats, birds or even livestock as members of the family. Naturally, you want to make sure that they’re provided for after your passing. This begs the question: is it legal in South...

Nigeria welcomes first dry-lease aircraft in two decades

Nigeria’s aviation sector is set for a historic leap as the Minister of Aviation and Aerospace Development, Festus Keyamo, announced that the country will receive its first dry-lease aircraft in nearly two decades on October 6, 2025. The...

Student Housing Evolves Beyond Beds to Wellness and Connection

Student housing leaders say their latest developments are in response to how young adults approach living and learning. “There’s a rising demand for spaces that do more than check boxes,” says Mitchell Korte, executive vice president of...

Keyamo Flags Off N32 Billion Air Peace Maintenance Hangar Construction at MMIA

Chinedu Eze The Minister of Aviation and Aerospace Development, Festus Keyamo, yesterday flagged off the commencement of the construction of Maintenance, Repair and Overhaul (MRO) facility at the Murtala Muhammed International Airport (MMIA),...

Algeria’s Economy Grows 3.6% in 2024 Despite Falling Hydrocarbon Revenues

Algeria’s economy grew by 3.6% in 2024, outperforming the global average of 3.3%, according to the Bank of Algeria’s annual report published on September 17. The central bank highlighted that while growth remained strong, it was slightly lower...

South Africa's retail sales surge 5. 6% in July as consumer spending rebounds

South Africa’s retail sales climbed by 5.6% year-on-year in July 2025, the fastest pace in three months, Statistics South Africa (Stats SA) reported on Wednesday. The rebound follows a modest 1.7% increase in June and reflects stronger spending...

Orient Property Consulting tackles critical real estate skills gap with continental career initiative

Africa’s booming property sector is faced with an uncomfortable reality: there are not enough skilled professionals to meet demand. The continent’s rapid urbanization has created a gold rush atmosphere in real estate markets from Cairo to Cape...