Kenya’s County land prices jumped by an average 7.37% in 2017, compared to a 12.07% rise in 2016, suffering a general slowdown due to election uncertainty and the country’s new interest rate cap.

This was revealed during an annual event known as the 2018 East Africa Property Investment (EAPI) Summit held this week.

Kenya had a prolonged election in 2017 after"...

In the lounge room of her two-storey home made from corrugated iron, timber and hollow-core blocks, Magau Mhlupheki is washing clothes using a big plastic bucket. It’s a new experience, even though her water usage is limited by the restrictions put in place to prevent the city from running out of water.

“It’s"...

His Excellency Mohammad Ashraf Ghani, President of Afghanistan, inaugurated the Abu Dhabi Fund for Development (ADFD) financed Sheikh Khalifa bin Zayed City Housing Complex in Afghanistan. Located in the Qasaba district of Afghanistan’s capital Kabul, ADFD contributed an estimated US$192 million to the social housing development project.

Aimed at increasing the supply of affordable accommodation options in"...

The British High Commissioner to Cameron, H.E. Rowan Laxton, and Mr. Luc Maglire Mbarga Atangana, Cameroon’s Minister of Commerce and personal representative of the Head of State, have laid the foundation stone for the construction of the Douala Grand Mall and Business Park.

The $200 million worth investment funded by the British Investment Fund - Actis, consists of an 18,000 square meters commercial center, which includes a Carrefour super"...

French retailer Carrefour is set to open its fifth store at the Sarit Centre shopping mall in Nairobi on Thursday, taking over space vacated by struggling Uchumi Supermarket.
Carrefour, whose local franchise is held by Dubai-based conglomerate Majid Al Futtaim, is set to move to bigger space at Sarit Centre’s new wing scheduled for completion at the end of the year.

“We are elated to be making our entry into Westlands which we"...

Sudan’s Second Vice-President, Hasabo Abdelrahman, launched a housing project for the displaced in South Darfur’s Kass on Saturday.

Abdelrahman inaugurated “the first 744 residential plots” in Kass locality where new homes will be erected for the displaced from the area.

After his visits to Kass and neighbouring Shattaia, the vice-president told"...

Addressing a land conference launched in Khartoum on Sunday, UN Resident Coordinator in Sudan, Marta Ruedas, called for support to the land administration in Darfur in order to reach peaceful coexistence between the various communities in the region.

The UN official further pointed to the importance of establishing a steering committee and information centres to settle land disputes and demarcate pastoral routes in Darfur.

The"...

(AETOS Wire)-- Exclusive Group, the value-added services and technologies (VAST) group, announced significant new investment from funds advised by global private equity firm Permira to take a majority stake in the business. The transaction secures substantial funding and resources to fuel the next stage in Exclusive Group’s development and hyper-growth, with the existing management team, led by CEO Olivier Breittmayer, further focused on expanding service offerings, vendor portfolio"...

The Minister of Industry, Dr. Musa Mohamed Karama, has ppreciated the Effort and cooperation of the Austria in all economic fields especially the industry sector.
He indicated in his meeting Monday with Austrian Delegation, which is visiting country as response of invitation from Industrial Ministry, the delegation included member from SEKSA organization which formed from 40 different specialized companies in sector of environment, water and power and interested in environmental issues, he pointed out that the Austrian"...

Al Saja’a Industrial Oasis (ASIO) has been honoured with the ‘Best Industrial Project’ award at the Arabian Business Real Estate Awards.

Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, launched ASIO in October 2015 following the vision of the emirate to create a strong and diversified economy, to further boost the competitiveness and prosperity of the emirate.

Abdel"...