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New Shopping Mall for Côte d’Ivoire

A $30m shopping centre recently opened its doors in Abidjan, Côte d'Ivoire, on the back of strong consumer and retailer demand. ... Full story

Slow momentum building in West African property markets

JLL’s 2018 City Reports for Accra and Lagos confirm minimal growth across real estate sectors in these West African commercial capitals, with cautious indicators that the impetus is shifting, particularly in Ghana. ... Full story

SA based hotel group hints at imminent Nigeria exit

Sun International has become the latest South African business to pull out of Nigeria because of weak economic growth and clashes with shareholders in the west African country. ... Full story

Kumasi City Mall launch: Ghana's major business Landmark

The $95 million Kumasi City Mall, officially opened for business recently, drawing a lot of excitement by shoppers in the nation’s second largest city. ... Full story

Nigeria plans to get out of Recession

Nigeria plans to get out of recession by boosting government revenues and cracking down on corruption, Finance Minister Kemi Adeosun said on Thursday, and will also issue more international debt to pay for infrasturcture projects. ... Full story

Landlords feel the pinch as Nigeria’s economic slump deepens

There is still no respite for property owners in Nigeria. The sluggish economic growth for the last few months does not bode well for rental market. ... Full story

Interest rate cuts not enough to pull Nigeria out of recession

Lagos - Interest rate cuts alone will not help to pull Nigeria out of a recession amidst rising inflation, the country's central bank said on Wednesday. ... Full story

Nigeria's weak economy leads Sun International to the exit door

JOHANNESBURG – South Africa's Hotel and gaming group, Sun International Ltd [JSE:SUI] announced on Monday that it will packing its bags exiting Nigeria, amid a number of factors. ... Full story

New $68m Shopping Mall for Abuja

Abuja — Construction has began in Nigeria's capital city of Abuja on a new $68 million shopping centre, Novare Gateway Mall, scheduled to open during the third quarter of 2017. ... Full story

Investments in Nigeria can succeed despite Boko Haram threat

While terrorism has not yet had a severe effect on real estate in Nigeria, Africa’s largest economy, there are concerns that security needs to be heightened to prevent any future serious damage to the sector. ... Full story

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