Home | West Africa

West Africa

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

Breaking 'ground' on first Hilton Hotel in Cape Verde

Luxurious beach front hotels developer, the Resort Group is developing first Hilton Hotel in Cape Verde’s capital and largest city, Praia. ... Full story

Nigeria’s Ikeja City Mall sold to South African property companies

Ikeja City Mall in Lagos has been sold for an undisclosed amount to two South African property funds, Hyprop Investments Limited and Attacq Limited. ... Full story

$60m Achimota Retail Centre in Ghana opens

The latest shopping mall development to be complete in Ghana – the $60 million Achimota Retail Centre located in north-eastern Accra - opened its doors today to the delight of locals. ... Full story

Airports Company South Africa at the brim of clinging advisory tender in Ghana

Airports Company South Africa (Acsa) is finalizing a deal to advise the operator of Ghana’s main airport on the construction of a new international terminal, with funding from the Development Bank of Southern Africa (DBSA). ... Full story

1 2 next total: 17 | displaying: 1 - 10
Mon Tresor Business Gateway

Newsletter

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