A high-profile delegation from Nigeria was here on a two-day trip to understand the functioning of the Noida Metro Rail Corporation (NMRC) and has sought its expertise in helping them improve their railway system, officials said Monday.
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As a small startup with limited resources trying to scale, it is almost impossible to invest in an office infrastructure – even though you might need it, probably for business meetings, conducting interviews, employee training’s and seminars etc. This is where co-working spaces are useful. Co-working is a cost-effective method of working, they are shared office facilities where startups and freelancers can work in collaboration or independently.
During a meeting with local press in the framework of his official visit, Sergio Pimenta, IFC’s Vice President for the Middle East and Africa, indicated his institution’s interest in the Cameroonian real estate sector.
Grit Real Estate (JSE: GTR) is leading the charge of investing in the African property industry. It should double its asset base in the next two years and expand beyond owning investments in 7 African countries.
Slum Art Foundation has started building the physical structure of its school for arts using plastic bottles. The project, which is officially named the Slum Art “Pet Bottle” school, will be an educational monument for children living within the slums in Ijora Badia, Lagos State aimed at empowering the children with an enabling facility to …
In the Ocean Front district of the new coastal city Eko Atlantic, Lagos Nigeria – renowned property development company Arkland Properties…
Namibia is set to commence construction works on Ongos housing project valued at US $286m. Ongos Valley Development director Americo de Almeida announced the reports and said that a ground-breaking ceremony is expected to take place end of this month.
Notwithstanding permutations by some industry gurus that the sector will perform better this year, the outlook for the commercial properties still remains bleak. The economic environment has remained low, operating at far below par, according to the estate firm, Messrs Ubosi Eleh and Company in its 110-page special annual publication titled: ‘The Nigeria Real Estate Report.’ “It will require much more than optimism to impact and cause rents to rise, or even translate to higher demand for office space,” the documents revealed.
AFTER a prolonged period of indecisiveness, Nigeria has eventually taken the bold step to sign up to the African Continental Free Trade Area agreement, a step perceived as capable of redefining the economic trajectory of the continent’s most dominant economy. There is no doubt that Nigeria is joining the grouping reluctantly. But, having risen up to the bait by inking the deal more than a year after other African countries gathered in Kigali, Rwanda, to sign the agreement, it is now left for the country to make the best out of it.
The United States of America has unveiled an initiative called ‘Prosper Africa’ through which it aims to substantially increase two-way trade and investment with Africa. This ambitious initiative, which aligns with the Trump administration’s Africa strategy, was unveiled in Windhoek on Friday by US Ambassador Lisa Johnson, and counters US investment flows that have in recent years remained relatively flat compared to countries like China, India and France.