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Mon,24Sep2018

housing

Nigerian infrastructure minister contends with years of under-funding

Nigeria's new minister for works, Babatunde Fashola, was previously governor of heavyweight Lagos state. Photo©ReutersNigeria's new minister for works, power and housing will focus on improving road connections between states, but said much more funding was needed to pay contractors to finish stalled projects across the country.

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Construction: Egypt to build 1 million homes for poor to help ease shortage

File photo©ReutersEgypt plans to build 1 million homes for poorer people at a cost of almost $20 billion over the next five years, the housing minister said, to ease a crunch that has seen slums and unlicensed buildings spread since the 2011 revolt.

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Gabon Country Profile 2015: Live by oil, die by oil

altCampaigning for Gabon's 2016 presidential elections has already begun. President Ali Bongo Ondimba has launched a series of anti-corruption investigations to improve his governance credentials and is seeking to improve his weak performance in delivering on promises like building 5,000 new housing units per year.

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Construction: Ambitious multi-million dollar Skyville housing plan launched in Ghana

Chief executive officer of KO&G, Jojo Dines Clint (second from left) flanked by Korean and Ghanaian partners. Photo©Dasmani LaaryA private housing firm, Korea & Ghana Development (KO&G) has ventured into the construction of 297 luxurious apartments costing $200 million, a move described as ambitious and game changer in the country's construction sector.

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Zimbabwe capital turns to South Korea to reduce housing backlog

Zimbabwe's capital Harare has turned to its South Korean twin sister of Cheonan for funds to help reduce its ballooning housing backlog blamed on a depressed economy.

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Housing: Egypt gets $500 million World Bank loan for social housing project

File Photo©ReutersThe World Bank approved a $500 million loan to help Egypt finance the construction of one million housing units for low-income residents over five years, the country's housing minister said on Wednesday.

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Ghana's inflation falls as oil price drops

Ghana's annual inflation rate fell to 16.4 percent in January, from 17 percent recorded in the previous month, the government has said.

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Mortage and Housing: Nigeria loans for less

New state-run mortgage schemes put a glimmer on the horizon for nigerians wanting to own a home. Photo©Gwenn Dubourthoumieu for JARed tape and high interest rates have kept mortgages out of reach for a majority of Nigerians. Now sector reform and national and state-run schemes should boost the number of homeowners.

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Urbanisation: A roof over their heads

Companies are rolling out new options to meet the demand for affordable housing.

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Inflation: Ghana's prices rise and rise

Photo©ReutersGhana's annual inflation rate continued to soar, hitting 14.8% in May, a four year high, the clearest sign yet of an economy in turmoil.

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Urbanisation: Johannesburg breaks with the past

␣ The gautrain connects johannesburg’s airport to the downtown area. Photo©AFPFaced with urban decay and lack of housing, Johannesburg plans to stitch communities closer together through mixed-use developments.

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Africa's social housing: Homes for all

In a fast-urbanising Africa, social housing can be a watchword for social peace Photos© Lahcëne Abib-Signatures/ SIPHIWE SIBEKO - REUTERS/ Nabil ZorkotWith a housing shortage across Africa, governments and developers are creating new models that enable people on modest incomes to buy their own homes.

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Morocco: Yes, We Plan

Photos©A. SENNA/REA; R. KLUBA/SIGNATURES; V. FOURNIER/JA; LUDOVIC/REA; A. SENNA/AFP; A. DUPEYRON; FOTOLIAThe government is squaring the circle of state planning with market dynamics. This fresh version of the developmental state tries to deliver jobs and low-cost housing without removing incentives for the private sector. A new generation of Moroccan companies will put this approach to the test.

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A city emerges from Nigeria's ocean

The future Prime Water View Gardens: a three-bed is yours for N33m/Photo©NICHOLAS NORBROOKThe overhaul of Victoria Island and the Lekki Peninsula mark another milestone for Lagos's urban renewal.

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Country Profile 2012: DEMOCRATIC REPUBLIC OF CONGO

The crucial test for the year ahead is whether the country's political leaders accept the results of the presidential and legislative elections planned for 28 November 2011.

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Engineering attracts top Moroccan graduates

The hard work will pay off for students at Morocco’s top engineering schools, with many jobs on offer in the construction sector/Photo/HASSAN OUAZZANI FOR J.A.With a construction boom in housing, motorways, railways, ports and hotels, Morocco is a huge building site in need of both manpower and engineering brains.

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Urbanisation in Africa: A New Town

EKO ATLANTIC, LAGOS 25,000 homes and flood protection for Victoria IslandProperty developers are building satellite cities and new housing compounds on the outskirts of some of Africa's largest cities, demonstrating a new trend in African urbanization.

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Will Kenya's property bubble burst?

altInterest rates are making mortgages unaffordable for many and the construction boom has temporarily stalled, but demand continues to outstrip supply.

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Angola: Development leads to demands

Photo/ReutersThe government is using its oil revenues to build new cities and hire more teachers, but hundreds of people are taking to the streets calling for political change.

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Financing affordable homes in Ghana

Ghana needs about half a million homes annually for the next ten years to address its housing problems/Photo/ReutersShelter Afrique (SA), a Nairobi-based pan-African housing finance company, has signed a five-million dollar agreement with a Ghanaian housing firm to support the delivery of affordable housing in Ghana.

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