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Krispy Kreme to open in Victoria Island soon

Following the launch of their first store in Ikeja City Mall, Krispy Kreme is nearing the completion of their second location on Bishop Aboyade Cole Street in Victoria Island, Lagos. During Q1:2017, Quality Foods Africa entered into an agreement with Krispy Kreme to open 20 shops in Nigeria over a 5-year period. Unlike their first […]


Lagos 4th Mainland Bridge gets Green Light as the State is set to announce New Investors

Discussions around the construction of the 4th Mainland bridge in Lagos have resurfaced as the State Government disclosed works on the proposed N844 Billion (US$2.46B) bridge will commence before year-end. Adebowale Akinsanya, Lagos’ Commissioner of Works and Infrastructure made this public at a press conference held to mark the 3rd Anniversary of the State’s Governor […]


Updated – Development: Admiralty Evercare Hospital, Lekki Phase 1, Lagos

Name: Admiralty Evercare Hospital; Location: Corner of Bisola Durosimi-Etti Drive and Admiralty Way; Developers/Client: Private Equity Investor; Beds: approx. 150 (Specific number unspecified); Main Contractor: Sharpoorji Pallonji Nigeria Ltd; Project Managers: Profica and Bovell Ross; Quantity Surveyors: FOAB UK Limited in association with FO.AB Partnership and O’Mahony Peel Rowney; Planning Consultants: Mepas & Prodel (Nig) Ltd; Architect: CARE […]


AfDB approves $20m loan to Santa Clara Medical (AXA Mansard, IFC and ACA’s Hospital Project)

The Board of Directors of the African Development Bank has approved a Senior Loan in Naira (equivalent to USD 20 million) to Santa Clara Medical Limited, a healthcare project promoted by AXA Mansard, a member of the AXA Group, Africa Capital Alliance, IFC and Healthshare Health Solutions, the hospital management company of the project. The funds will […]


Development: Kuramo Beach Residences/Total Residential Development, Victoria Island – Lagos

Name: KBR Residences/Total Residence Development; Address: Corner of Adetokunbo Ademola Street and Ahmadu Bello Way, Victoria Island, Lagos – Nigeria; Main Contractor: ITB Nigeria Limited; Architect: MZ Architects; Use: Residential with recreational and sports facilities; Number of Units: c. 140; Land Area: 14,000sqm. The KBR Residences/Total Residential Development is a 16 floor residential project located on […]


IFC mulls $2.75m loan to African Medical Technology Firm

The International Finance Corporation (IFC), a member of the World Bank Group, is considering a $2.75m investment in Trivitron Healthcare Africa B.V. (THA), a new medical technology company focused on the African continent. THA was launched earlier in the year by Trivitron Healthcare Private Limited, India’s leading medical technology company, together with the Investment Funds for […]


Development – Eighteen 65 Residences, Fatai Durosinmi-Etti, Victoria Island, Lagos

Name: Eighteen 65 Residences; Location: Fatai Durosinmi-Etti Crescent, Off Akin Ogunlewe Street, Victoria Island, Lagos; Developer: Efficacy Contractors Ltd; Use: Residential; Number of units: 17;  Floors: 7;  Architect: Samtaria Konsult Ltd;  Mechanical & Electrical Engineer: DUIS Energy Solutions;  Structural Engineer: Sampal Engineering Services Ltd;  Quantity Surveyors: Teescape Consult Limited;  Sales: Fine and Country. Eighteen 65 […]


Lordship Africa Unveils 44-Floor Residential Condo in Upper Hill, Nairobi

Lordship Africa, a Real Estate Investment & Development Company, is set to break ground on the long-awaited 88 Nairobi Condominium Tower as it unveiled a 3D model of the tower earlier this month. The 44-floor residential tower development is located on the corner of Bishop´s Court Road and 4th Ngong Avenue, between the upmarket residential […]


First Phase Of Ilubirin Housing Scheme to be Completed Next Year, Lagos Government says

The Lagos State Government today said that the construction of the first phase of the Ilubirin Housing Scheme will be completed by end of 2018 while sales to members of the public will commence during Q1:2019. The housing scheme will be built in 7 phases starting with the completion of the existing structure which encompasses […]


Development: Cash Craft Building, Murtala Mohammed Way, Yaba – Lagos

Name: Office Development; Location: Murtala Mohammed Way, Yaba; Developer: Private Client; Architect: Planearth Associates; Structural Engineer: Vibal Associates; Quantity Surveyors: Dwab Costprudence Company; Mechanical – Electrical Engineer: Peterben Engineering Co. Limited; Main Contractor: Petabat Nigeria Limited; Subcontractors: Air-Conditioning: GICHI Limited; Electrical Installations: Dayson Nigeria Limited; Mechanical Installations: Mussabey Nigeria Limited; This 5-floor office development is located on […]


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