Thursday 19th September 2019
Thursday, 19th of September 2019
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Real Estate

Ogun builds, rehabilitates homes


The Ogun State Housing Corporation (OGSHC) has set machinery in motion for the construction of housing units at different locations of the state, apparently in line with the capital projects captured in the 2017 Budget of the agency. Special Adviser to the Governor on Housing Development and General Manager of the State Housing Corporation, Jumoke Akinwunmi, who made this known ...

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AfDB injects $28.2m into Shelter Afrique

Femi Adewole

Shelter Afrique, the Pan-African housing financier dealing exclusively with the promotion of affordable housing, has received approval for a $28.2 million injection from the African Development Bank (AfDB). This capital injection follows on from the $8.2 million equity investment by AfDB and the commitment made by the bank at the recently concluded extraordinary general meeting held in Nairobi, Kenya last ...

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$2m LafargeHolchim Awards empowers sustainable construction


Urban planners, architects, engineers, builders, construction firms, project owners, students and non-governmental organisations (NGOs) are targeted participants at the 2017 LafargeHolchim Construction Awards competition, which is seeking smart solutions for cities and the built environment. The competition, which awards a total of $2 million in each three-year cycle, seeks projects that go beyond balancing environmental performance, social responsibility, and economic ...

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Mexico NAMA: Curbing emission through energy efficient housing

Mexico housing

The overarching goal of the Mexican NAMA Support Project is to implement the New Housing NAMA, which promotes cost effective, energy-efficient building concepts across the housing sector with a particular focus on low-income housing.NAMA, implies Nationally Appropriate Mitigation Action refers to a set of policies and actions that countries undertake as part of a commitment to reduce greenhouse gas emissions. ...

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First residential building, Eko Pearl Towers, emerges at Eko Atlantic City

Eko Pearl Towers

Several months after it opened an eight-lane road last July, Eko Atlantic City has unveiled its first completed residential building, tagged: the Eko Pearl Towers. Eko Pearl Towers is a set of high-rise buildings, privately owned and developed by the Eko Pearl Construction Company. The development, which is situated about 500 meters away from the financial centre of Lagos on ...

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Shelter Afrique opens west, central Africa office in Abidjan

james mugerwa

Pan-African housing financer, Shelter Afrique, has unveiled its plans for Ivory Coast and francophone West Africa. Shelter Afrique officially signed a host country agreement with the Ivorian government in Abidjan on Thursday November 10, 2016. The agreement will see Shelter Afrique begin operations for francophone west and central Africa from their Abidjan base. Speaking at the signing ceremony which was ...

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New housing fund will stimulate economy, says minister


Finance Minister, Mrs. Kemi Adeosun, has disclosed that the N500 billion housing funding approved by the National Executive Council last week will stimulate economic activities and return the economy to the path of growth. Adeosun told journalists in her office in Abuja recently that a mass housing scheme that would make Nigerians become homeowners under a mortgage arrangement would commence ...

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Eko Atlantic City to address nation’s housing deficit

Ronald Chagoury Jr

Real estate investor and developers of the Eko Atlantic City Project on Victoria Island in Lagos, South Energyx Nigeria Limited (SENL), has restated its commitment to reduce the country’s huge housing deficit over the next few years through the development of a wide range of affordable and luxurious residential buildings. Making the pledge recently in Lagos was Mr. Ronald Chagoury ...

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British businesses urged to invest in Eko Atlantic City

Pierre Edde

Eko Atlantic City, a sprawling mixed-use estate being built on the shores of the Atlantic Ocean in Lagos, has been described as an opportunity for British businesses to make a difference in Nigeria. The British High Commissioner to Nigeria, Paul Arkwright, who made the submission during a recent tour of the project site by a trade delegation of the British ...

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Universal capital fuelling African property markets


Despite Africa’s slowdown, property developers and private equity funds continue to pour investment into the continent, but with more focused strategies, industry practitioners have said. “Over $1,2 billion has been raised and allocated to real estate investment in Africa over the past year and we expect this trend to continue,” said Kfir Rusin, General Manager of the upcoming Africa Property ...

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