Real Estate & Property for Sale and for Rent in Somalia

Construction

Somalia Is Experiencing A Construction Boom

In a region of Mogadishu, the environment is constantly changing. Property investment projects are being developed in rural areas. The Somali minority considers it as an investment opportunity. Salaam Somali bank conceived this one. The Daru Salam is home to approximately 5,000 families.  Hassan Hashi, who lived in Canada for 30 years: ‘Daru Salam is the city of hope and opportunities....

The Hobyo-Port project to be funded by a new public-private entity’ knocking Qatar out of the picture

The statement of Somalian politicians has raised many questions. The politician claimed that the government of the state of Galmudug is planning to construct a port within the territory of Hobyo with the collaboration of a new 'public-private entity.' Now the involvement of Qatar is being questioned as Qatar agreed to finance the project last year. The minister of Galmudug, Mr. Abdisabir Shurie,...

Qatar Charity Programs For The Betterment Of Somalia

Under Qatar's ambassador's sponsorship, Mr. Hassan bin Hamza Qatar has launched an educational charity program for the people of the City of Somali, in Jubaland. The project is the portion of the initiative taken by Hassan bin Hamza as the charity development program. The inauguration ceremony was attended by the Deputy President, ministers, and state officials of Jubaland.  Mohammad Sayid Adan showed...

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...

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...

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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