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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

Affordable property key to Ghana’s real estate industry

Affordability is becoming a major driver in Ghana’s real estate market as the housing sector is not delivering at the rate and scale needed, nor is it serving the diversity of the market. ... Full story

Nigerian Property Market impacted by Anti-Graft laws

With the introduction of President Muhammadu Buhari’s administration, there has been a massive offload of properties, especially in the high-end market, having an impact on Nigeria's property market due to government’s anti-graft laws. ... Full story

$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

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

Nigeria’s Eko Atlantic City takes shape

The new multi-billion dollar Eko Atlantic City with residential and commercial tower blocks off the coast of Lagos in Victoria Island, is taking shape as developers forge ahead with infrastructure development. ... Full story

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