GERD

Ethiopia to clear 1000 hectares for dam reservoir

The government of Ethiopia has described preparations for land clearing behind the controversial Grand Ethiopian Renaissance Dam (GERD) ahead of commencing filling its Blue...
Africa Property Trends

First quarter real estate investments fell as investors remain cautious

Real estate investors are taking a more cautious approach globally following the spread of the pandemic. Almost without exception, commercial real estate investments fell...
Africa Real Estate 2020

Property experts speak on impacts of COVID-19 on real estate investments

A webinar organized by API events to discuss the impacts of real estate investment implications across Africa reveals the state of property market across...
FIDIC

Hotel and retail property sectors hardest hit by COVID-19 globally

The COVID-19 pandemic which has been most servery in the last 30 days, has touched every corner of global markets even though the impact...
Radisson Blui

Funding remains biggest challenge for African hoteliers

Funding remains the biggest challenge across Africa for hotel developers. In a recent interview by Ramsay Rankoussi, Radisson’s new head of development for Africa,...

Trends shaping the future of Africa’s retail markets

Africa’s retail landscape is undergoing change. Analysts project a sustained shift from informal to more formal retail markets as a result of emerging economic...
mortgage

How COVID-19 is expected to affect real estate

Global property firm JLL has published an outlook of the global property industry during and post-COVID-19 crisis. The report highlights the impact of the...
Data Centre Image

Actis to create a $250 million African data centre platform

Pan-African private equity investor, Actis has announced that it is establishing a US$250 million data centre platform. The buy and build platform will comprise...
green affordable housing

Conference highlights plan to address housing shortage in Africa

The African Union for Housing Finance has developed a five-point plan for governments to address Africa's housing finance shortage. The plan, presented at the 35th Annual...
hilton- one of the leading hotel franchises

More hotels are now owned by franchisees

Franchised operations by major international hotel brands increased by 10 percent in the past decade from roughly 70% in 2010 to 80 percent in...

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Watamu Skyscraper Palm Exotjca

New Watamu skyscraper to unseat The Pinnacle as Africa’s number one

A new Watamu skyscraper dubbed Palm Exotjca proposed to be built in Malindi threatens to unseat the proposed Pinnacle Towers to become Africa's tallest...
Acre

How Big Is An Acre Really?

An acre is the typical measurement of a piece of land, used by buyers and sellers to have an understanding of the size of...
Kenya's Construction Costs

Kenya’s Construction Costs, 2017

Kenya's Construction Costs are one of the highest on the continent. The construction industry represents 6 percent of global GDP according to the International...

AVIC unveils the Global Trade Centre in Nairobi

Chinese company AVIC International, through its Kenyan subsidiary yesterday unveiled the Global Trade Centre (GTC) a city complex set on 7.5 acres of land...

Second Phase of Dongo Kundu Bypass to begin next month

Phase 2 of the Dongo Kundu bypass project is set to be rolled out from next month after the Attorney General gave clearance to...

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