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OECD Development Centre Director Mario Pezzin says African economies could benefit from mobilising the wide and extraordinary untapped potential of their diverse regions.

Foreign Investment hike for Africa

According to African Development Bank Group (AfDB). foreign investment in Africa appears to be continuing unabated, with bulk of the transactions underpinned by increasing greenfield investment from China, India and South Africa. ... Full story

InterContinental Hotels Group (IHG) signed a management agreement with Tsemex Hotels and Business Plc to develop Crowne Plaza Addis Ababa scheduled to open in 2016.

Sub Saharan growth drives African hotel surge

Appetite for hotel development in Africa is increasing with many more businesses setting up offices or doing deals on the continent. ... Full story

Black River Park in Cape Town has become the first office precinct in South Africa to receive Green Building Council of South Africa (GBCSA) certified Green Star SA ratings for all its buildings.

Property Owners embark on a mission to save energy

In light of rising energy demand and cost coupled with global energy availability concerns, property owners and developers are tapping into renewable energy sources across African countries. ... Full story

Sub-Saharan Africa is one of the world’s most rapidly developing economic regions, and it is projected that 13 of 20 fastest-growing global economies over the next five years will be in Africa.

Africa’s growth cities attract increased foreign real estate investment

Increased numbers of international investors are investigating opportunities in African real estate markets, attracted by the continent’s startling economic and demographic growth prospects. ... Full story

The rise of the middle class and economic growth have tempted a number of investors to look seriously at Africa as an investment destination. Without doubt, retail property is proving to be the most dynamic sector.

Retail proving to be the most dynamic sector

The retail property sector has recently come to the fore as a champion in helping the overall property market retain its reputation in Africa, Africa Property News.com has learned. ... Full story

Delta International’s strategy involves Morocco and Mozambique but CEO Louis Schnetler has said other countries in Africa are being studied for opportunities.

Delta International expands Mauritius Stock Exchange listings

Delta International is given permission to list up to 29-million additional ordinary shares on the Stock Exchange of Mauritius as it looks to continue its growth across Morocco and Mozambique. ... Full story

Standard Bank Head Real Estate Finance, Gary Garrett says rapid urbanisation and a growing middle class are boosting opportunities for investment throughout the continent.

African retail and office property offers ‘significant opportunities’ for investors

Rapid urbanisation and growing consumer wealth on the African continent is providing numerous opportunities for investors wanting to gain exposure to retail and office property developments north of South Africa. ... Full story

An artist’s impression of Kigamboni New City in Dar es Salaam, Tanzania.

Africa on a roll with a clutch of new Cities

Once an area that foreign investment shied away from, Africa has become an investment hotspot, changing dramatically with commercial and residential property developments mushrooming in the continent. ... Full story

Stanlib's head of listed property funds, Keillen Ndlovu says that the market capitalisation for the listed property sector in sub-Saharan Africa, excluding South Africa, is about $827 million.

Investors advised to take long-term view on African Property Stocks

Africa Property News.com has learned that growth seekers should look at property stocks with a five year time horizon in mind according to Stanlib's head of listed property funds, Keillen Ndlovu. ... Full story

The dearth of quality affordable student housing close to places of higher learning is driving a wave of investment in Africa.

Student Accommodation entices Private Money in Africa

Africa Property News has learnt that the dearth of quality affordable student housing in Africa, close to places of higher learning, is driving a wave of investment in this niche accommodation sector. ... Full story

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