Bench Events, organisers of the Africa Hotel Investment Forum (AHIF) and APO Group, a leading media relations consultancy and press release distribution service, announced a wide-ranging collaboration aimed at boosting investment in the hospitality industry in Africa. The deal, which is set to run until 2022, covers the next three editions of AHIF and its Francophone equivalent, the Forum de l’Investissement Hôtelier Africain (FIHA).
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Not less than $16 trillion will be required globally to replace sub-standard housing and build additional units needed by 2025, New Telegraph has learnt. According to the Executive Director, MIXTA Africa, Sade Hughes, global housing affordability gap per year is in the tune of $650 billion, citing United Nations’ estimates.
Housing and financial experts are not leaving any stone unturned in their bid to unlock the potential in real estate sector and bridge accommodation deficit. Dayo Ayeyemi reports.
The Chief Executive Officer of Economic Associates, Dr Ayo Teriba, has argued that Nigeria and other African countries do not have the financial capacity to actualise the Africa Continental Free Trade Agreement (AfCFTA).
Stakeholders in the housing sector have called for greater investments from the private sector in proffering lasting solutions to the increasing housing challenge in the country. Mr Festus Adebayo, convener of the Abuja International Housing Show, in a communiqué on Monday in Abuja said stakeholders agreed that a combination of factors including lands regime, cost of funding, insufficient data, policy summersaults and lack of political will and corruption were parts of the sector challenges .
Prospective tenants and home buyers in Lagos State have been advised to avoid people the state has described as pseudo or practitioners who parade themselves as estate agents and developers in the state’s real estate mark. With a very active rental market and over three million housing market, real estate business in Lagos is very …
For its architecture and uncommon masterplan, Alaro City, an upcoming city sitting on expansive land area in the Lekki Free Trade Zone (LFTZ) in Lagos has earned the recognition of an internationally acclaimed rating body with the Architizer A+ Popular Choice Award. The Architizer A+Awards, already in its seventh year, is an internationally acclaimed programme …
The immediate past Minister of Power, Works and Housing, Mr Babatunde Fashola has said that Nigeria Budget run in deficit. According to Fashola, non release of funds hampered some of the projects he wanted to executive when he held sway as minister
The new development model for the southern provinces ushered by King Mohammed VI has geared investments in infrastructure that aim at making of the Sahara a hub for Sub-Saharan Africa. In total, $7 billion were allocated to the Marshall plan for the Southern provinces over the 2016 – 2023 period.
As the Young Urbanists, we are surprised and concerned at the implicit support given for the development of a new “smart city” as set out in government pronouncements over the past two months. While the government should be applauded for highlighting the importance of urbanisation for South Africa’s development and the opportunities and challenges that it presents, as well as looking to take bold steps to address it, we must interrogate what the best approach should be to meet the triple challenges of poverty, unemployment and inequality in South Africa’s urban areas.