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Real Estate

Nigeria’s real estate sector overtakes oil, gas in GDP contribution – Official

Convener of the International Real Estate Conference and Exhibition (IRECE), Mr. Ajayi Franklin, said Nigeria’s real estate sector has overtaken oil and gas in...

Michael Simire - November 13, 2025

Real Estate

Kaduna commissions Nigeria’s first 100-building prefabricated housing estate

In a major milestone for Nigeria’s housing sector, the Governor of Kaduna State has commissioned a 100-unit mass housing estate developed by Family Homes...

Michael Simire - November 7, 2025

Real Estate

The untold story of Nigeria’s abandoned housing dreams in Ilorin

Unarguably, Nigeria is facing a worsening housing crisis. Access to affordable housing remains a major challenge for low- and middle-income earners, hampered by high construction...

Michael Simire - October 8, 2025

Real Estate

Shelter Afrique, Afreximbank forge partnership to unlock $1bn in investments

Shelter Afrique Development Bank (ShafDB) and African Export-Import Bank (Afreximbank) have signed a groundbreaking Joint Project Preparation Facility (JPPF) Framework Agreement. This strategic partnership...

Michael Simire - September 11, 2025

Real Estate

Arab Bank approves $120m to support Shelter Afrique’s capitalisation programme

Shelter Afrique Development Bank (ShafDB) has announced the signing of a strategic agreement with the Arab Bank for Economic Development in Africa (BADEA) to...

Michael Simire - July 31, 2025

Real Estate

Rent upsurge pushing Abuja residents to brink of displacement

Many residents of the Federal Capital Territory (FCT), Abuja, have raised the alarm over the relentless increase in house rents across the territory. A cross...

Michael Simire - July 27, 2025

Real Estate

GCR upgrades Shelter Afrique’s long and short-term issuer ratings, maintains stable outlook

Global Credit Ratings (GCR) has affirmed and upgraded Shelter Afrique Development Bank’s (ShafDB) international and several key national scale ratings, reflecting the Bank’s strengthened capital position, risk...

Michael Simire - July 11, 2025

Real Estate

Shelter Afrique extends $15m loan to finance affordable housing projects in Mauritania

Shelter Afrique Development Bank (ShafDB), a leading Pan-African multilateral development bank committed to financing and advancing housing, urban, and related infrastructure development, has signed a $15...

Michael Simire - June 26, 2025

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