Home | East Africa

East Africa

London-based Luxury Developer expands into East Africa

London based luxury property developer, One Point Six has entered into the East African market following two successful years of operation. ... Full story

French Supermarket Giant to open stores in Uganda

French retailer Carrefour is set to open its first branch in Kampala as it moves to take up space previously occupied by struggling Kenyan retailer Nakumatt. ... Full story

Tanzania central bank cuts reserve requirement to lift lending

Tanzania’s central bank will cut the proportion of deposits banks must maintain as reserves to 7% from 8% as of July 1, in order to boost lending, a report seen by Reuters shows. ... Full story

East African economies plan to raise spending on infrastructure

East African countries plan to increase spending dramatically on infrastructure projects in budgets to be released Thursday. ... Full story

Tanzania’s $10 billion port project has hit an impasse

A planned $10 billion port project in Tanzania backed by China has hit an impasse, with the two sides disagreeing on terms of the infrastructure investment, a senior Tanzanian port official said on Wednesday. ... Full story

SA retailer Shoprite expands in Nairobi

South African based retail giant, Shoprite Holdings, has opened its second supermarket in Kenya at the Garden City Mall in Nairobi. ... Full story

Nairobi’s luxury home prices soften further

Prime residential prices in Nairobi slide by 6.5% in the 12 months to March 2019, according to the Knight Frank Prime Global Cities Index (PGCI) for the first quarter. ... Full story

Property Market in Uganda more Stable

The property market in Uganda has not recovered to its past glory but it is more stable and less volatile than it was two years ago, according to a market update by Knight Frank Uganda, a real estate consultancy firm. ... Full story

A global crowdfunding aimed to give Addis Ababa a green facelift

Prime minister Abiy Ahmed has launched a crowdfunding campaign aimed at making the capital a site for urban tourism by developing greener spaces along a 56-kilometer river stream. ... Full story

Rwanda records over $2 billion Investment

Investment levels in Rwanda reached $2 billion since the beginning of this year, according to data recently released by Rwanda Development Board (RDB). ... Full story

1 2 3 next total: 30 | displaying: 1 - 10

Newsletter

Africa Property Investment News | Commercial & Residential Property | Real Estate and Construction News
News and promos in your inbox