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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. It’s not clear they can afford it. ... 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

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

A look at Ethiopia's newly expanded Bole International Airport

Ethiopia’s capital is set to cement its place as Africa’s leading aviation hub with an expanded airport terminal which triples it passenger capacity. ... Full story

Kenya invites private land owners for affordable housing program

Kenya will partner private landowners to implement a development blueprint on affordable housing, Charles Mwaura, Principal Secretary of the State Department for Housing and Urban Development, said on Friday. ... Full story

Investors eye large quality Warehousing space in Kenya

In recent years there has been a noticeable trend towards an increase in demand from distribution and logistics-type operations seeking to relocate to where large quality warehousing space and large yards are available. ... Full story

Nairobi lands a top spot among the World's 20 most Dynamic Cities

Nairobi has been recognized globally as a city on the move, being named for the first time in JLL’s top 20 City Momentum Index (CMI). ... Full story

High building costs holding back Kenyan Real Estate

East African listed property is dominated by Kenya but the market in this country is under pressure. Development costs are extremely high in Kenya. ... Full story

Green Building Society announced for Kenya

The Green Building Council South Africa (Gbcsa) on Wednesday announced the establishment of Kenyan Green Building Society (Kgbs), a move that will bring the commercial and industrial property industry in line with global environmental practice in the east african country. ... Full story

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