Real Estate & Property for Sale and for Rent in Somalia

2018

African urban growth is expected to be massive

Real estate sector in Africa has been experimenting an impressive growth. On average, 10,000 accommodations miss each year in most of these countries, and despite some governmental endeavors, the shortfall is still important. According to several studies, African population is going to increase over threefold during the next 40 years. This demographic growth will inevitably go with a strong development...

The factors that should stimulate the Somalian economy

Among the best actions that were undertaken, the pacific elections of February 2017 determined the new president and a federal parliament were women and young people are better represented; several autonomous states were also created. The main economic action is the elaboration of the first National Plan of Development (2017-2019) that gives the priorities for reconstruction and economic development....

Africa’s Tallest Residential Building Projects

Many people in Africa are moving from the rural to urban areas, and this trend will not come to an end anytime soon. The migration is influenced by the high growth of the African economy in the urban areas. Technological revolutions and infrastructural developments are among a list of favorable factors that are attracting people to the urban zones. For that matter, there are many residential projects under...

Kenya to have the Tallest Residential Building in Sub-Saharan Africa

The groundbreaking ceremony for 88 Nairobi condominium occurred yesterday, February 6, 208. Upon completion, the building will set a new record in sub-Saharan Africa as the tallest. The foundations of the buildings will be laid in Nairobi Upper-hill district. The architectural plans reveal that the facility will have 44-floor residential condominiums that adhere to European Union and World Bank safety...

Controversial security wall along Kenya-Somalia border on progress

North Eastern regional commissioner, Mohamud Saleh confirmed that construction of the controversial security wall was still on course. The security wall is being built along the Kenya- Somalia border. Commissioner Saleh insisted that the wall was meant to combat and secure Mandera town in Kenya which took the most attacks from the terrorist group, Al- Shabaab. He also pointed that the terror group Al-...

Turkey helps Somali revive its economy

Somali is undergoing economic resurrection owing to its partnership with Turkey. The partnership was founded back in 2011 when the Turkish President Recep Tayyip Erdogan first visited Somali. At a time when Somali was undergoing political and humanitarian challenges, international communities choose to ignore its calls for help. Turkey is the only country that headed to their call and has ever since stood...

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