African Development Bank has signed a five-year agreement to use FIDIC standard contracts
The African Development Bank (AfDB) has secured a major agreement with the International Federation of Consulting Engineers (FIDIC) that will give the international funding...
Africa Day 2020 to highlight African cities
Two-thirds of the urban space that Africa will need by 2050 will be built in the next 30 years according to UN-Habitat. Based on...
How predictive data is helping building professionals future proof their designs
Architects and design professionals create drawings and conceptual designs using data from the present to build structures in the future. Delays happen. In the...
Shelter Afrique and Habitat for Humanity in $100M affordable housing deal
Pan-African real estate financier Shelter Afrique, has signed a partnership with Habitat for Humanity’s Terwilliger Centre for Innovation in Shelter, to jointly avail funding...
Ten trends shaping African real estate in 2019
African markets are fast evolving. In the information economy, adoption of new ideas and technologies are occurring at unprecedented rates. In the midst of...
Rwanda to begin construction of Africa’s first Green City in 2020
After kick-starting the construction of the $2 billion Kigali innovation city project, Rwanda is now training its guns on green cities. The country has...
Iconic Turkana museum to break ground in 2022
The building of Africa’s most iconic and technologically advanced museum could break ground in 2022 if all goes according to plan. The project dabbed...
Kenya’s super-rich buy new homes as prime residential markets cools down
Kenya’s super-rich are buying more luxury homes in the country, signaling bargain-hunting as prices for trophy houses soften, according to data compiled...
How to go about capital growth in real estate investments
Real estate investment opportunities are on the rise and
competition for the best deals is tougher than ever. The best goes to the...
CBK sets stage for Mortgage Refinancing Companies in Kenya
The Central bank of Kenya has recently published the draft regulations governing the establishment of Mortgage Refinance Companies (MRCs). The document is...
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Watamu skyscraper to unseat The Pinnacle as tallest building
Before the dust settles on news of the ongoing construction of Africa’s tallest building in Upper Hill, Nairobi, something is happening at the Kenyan...
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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 Construction Costs, 2017
The construction industry represents 6 percent of global GDP according to the International Construction Market Survey for 2017.
However, productivity growth in the construction industry...
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...