Africa

Arguably, every adult would like to have a piece of real estate, either for housing and accommodation, or investment purposes. Unfortunately, this wish almost always ends up as a mere dream.The reason for this is that real estate, for whatever purpose it is needed, is believed to be capital intensive and most people, including those with ‘can-do’ spirit run away from it because, in their...

‘Legislation will reduce effective demand, real estate value’ Experts in the real estate sector have condemned the recent pronouncement by the Lagos House of Assembly to pass new property acquisition and business ownership laws that only favours indigenes of the state. They described the move as an attempt to jeopardise economic development, especially in the real estate sector, which...

ACCRA - Ghana's consumer inflation accelerated slightly to 42.2% year on year in May, up from 41.2% in April, the statistics service said on Wednesday. The West African nation is grappling with its worst economic crisis in a generation and is restructuring its debt. Authorities turned to the International Monetary Fund for a support package in July last year after rampant inflation spurred street...

Accra, the dynamic capital city of Ghana, is a captivating destination that offers an immersive experience in West African culture and history. With its diverse attractions, from historical landmarks to lively markets and stunning beaches, Accra has emerged as a popular tourist hub. As the economic and administrative center of the country, the city combines modern developments with a rich cultural...

In an effort to address Nigeria’s housing shortage, Fab Realty, a real estate company based in Nigeria, has allocated land to investors at Freedom City Estate in Epe, Lagos. During the recent allocation exercise, Ayomikun Adebayo, managing director of FAB Realty, highlighted the severe housing issues in Lagos caused by population growth, with more than 500,000 people relocating to the city...

While real estate markets struggle in the developed world, Ghana remains a hotbed of opportunity.   If you miss the red-hot real estate deals of ten years ago, take heart. Those kinds of deals may be few and far between in your country…but in Ghana, they are still plentiful. Ghana, an English-speaking West African nation endowed with a wealth of natural resources, has witnessed...

In line with Letshego’s purpose to improve lives, the pan-African inclusive finance group is now launching its latest flagship product, Affordable Housing. The product is available to customers in Namibia and Botswana, with rollout plans to the group’s remaining pan-African countries. Citizens across Africa, and many global emerging markets, struggle to access housing for several reasons,...