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.
SOUTH AFRICA - Italtile's results for the six months ended December 2015 show headline earnings per share up 22% to 43.4 cents, trading profit up 16% to R531m and system-wide turnover up 13% to R3.08bn.