ZAMBIA - In an effort to boost the real estate sector, Zambia is this month expected to host the ZamReal Property Forum, which will focus on issues of development and investment in the local industry.
SOUTH AFRICA - Delta Africa will soon announce the acquisition of its first properties in Botswana and Ghana, in a deal worth $257m.
EAST AFRICA - Infrastructure projects undertaken by the Central Corridor states, including the railway line, will be fast-tracked, ministers for infrastructure from Rwanda, Tanzania and Burundi resolved over the weekend.
KENYA - The sale of a part of the Sh1 billion Naivasha-based Buffalo Mall to a South African property fund has been concluded.
EGYPT - The General Authority for the Suez Canal Economic Zone (SCZone) signed a memorandum of understanding (MOU) with an alliance of Spanish companies to develop the industrial area in East Port Said.
EGYPT - Porto Group recorded revenues of EGP 996m by the end of 2015, according to a report issued by the company Wednesday.
EGYPT - Remco Touristic Villages Construction Company (RTVC) will begin implementing its new project, Stell Di Mare II, over 2m sqm with total investments worth EGP 4bn.
KENYA - Poland-based home fittings manufacturer Fakro has entered the Kenyan and East African real estate market after signing a distributorship agreement with Nairobi’s Classic Mouldings.
NIGERIA - A new initiative to rave up the mortgage sector activities with about $250 million seed fund for the sub-Saharan Africa has been unveiled by the FirstRand Group.