Property Investment in Africa

$3.5 billion earmarked for Abuja City Center development

According to Nigeria's Minister of Federal Capital Territory (FCT), Senator Bala Abdulkadir Mohammed, construction work on the Abuja City Center expansion project is set to start in May this year at a cost up to $3.5 billion. ... Full story

Johannesburg gets multi-billion dollar mixed-use development

Billionaire Insurance entrepreneur, Douw Steyn on Thursday unveiled the new multi-billion dollar Steyn City lifestyle estate in Johannesburg with upmakert residential units, golf course and commercial space. ... Full story

Senegal to get $120m smart city in Diamniadio

The Senegalese government and the African Development Bank (AfDB) is going ahead with plans to build a mega-digital park in the city of Diamniadio. ... Full story

Ambitious strategy to revive Ethiopia’s new International Airport takes off

Addis Ababa Bole International Airport is in for a mega commercial transformation, with Ethiopian Airport Enterprise (EAE) planning to inject $2.4-billion on upgrading and expanding the country’s airport. ... Full story

Africa Property Investment a long but fruitful play

Despite the challenges, majority of SA’s listed property funds which have ventured into other African countries have chosen to start with shopping centre developments. ... Full story

Partnerships key to unlock value in Africa’s Property Market

Property Investors and developers looking to expand into Africa, need to take heed that focusing on finding the right local partner on the ground, are among the quickest ways to unlock value and underpin growth in the continent. ... Full story

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