Real Estate

Africa's real estate sector is experiencing significant growth driven by the thriving tourism industry. The continent's diverse cultural heritage, natural attractions, and economic opportunities have positioned it as a prime destination for travelers and investors alike. This article explores the symbiotic relationship between tourism and real estate development in Africa, highlighting key factors,...

One of the foremost things that business owners and successful people do is to build their tangible assets. And one of the widely invested tangible assets is the property or house. Management of tangible assets is far more burdensome as it may include both legal and nonlegal matters. Africa is one of the most desirable places to start your tangible investment in; a few of the many reasons to gets...

Somalia, one of the world's most unsafe countries, has produced a housing bubble for the first time. As a result, people are fleeing to these remote locations hoping that civil disorder will not overtake them for a while. Every day, new entrepreneurs emerge. According to The Wall Street Journal,  Abdullahi Nur, a 41-year-old former restaurateur, switched to real estate after bombings pushed people...

The return of emigrants and newly well-off businessmen who aimed to capitalize peace of the city has influenced real estate, rushing an economical flash to build new houses. The Marina beachfront estate is spread over 104 acres of land, exactly equal to Shangani and Hamarweyn districts. The beachfront is planned to house high-ranking officials only, but the project is still under...

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...

Malawi’s first citizen, Professor Arthur Peter Mutharika, said the establishment of the Grand Business Park in Lilongwe, is a confirmation that the direct investment program established by the government will yield positive results, bring jobs and money into the country. The statement was made during the ceremony to mark the construction of the multi-million dollar project - the Grand Business Park in...

The country club in Mogadishu, a cross between a palace, a fortress and a wooden shack, is a refuge for high-ranking government officials, business people and the city’s wealthy. Fifty guests seated at a long table with bowls of camel stew, goat meat, lobster and swordfish, were enjoying their lunch when the war stroke at the country club. A van full of explosive detonated in front of the gate...

In Mogadishu, whoever has the biggest escort on the road always has right of way. Attacks are becoming more frequent on the road, the city is nervous. Soldiers at checkpoints shoot at whoever does not follow their instructions. Sometimes they target tuk-tuk drivers; they pull them out of their vehicles and beat them. A few kilometres from the country club, we go meet a man that does not want to be...

Stretching itself from the Red Sea all the way to the deep blue Indian Ocean, the mighty sandy white beaches of Somalia such as Gezira beach, Bosaso beach, and Baathela beach, among others, and scenic views make the East African nation one of the top tourist destinations and attract many visitors and tourists from the different parts of the globe. If you are thinking of buying or renting a property in...