ei Newsroom

Buzzing news & insights about real estate

It’s the only place you’ll get this kind of content.

NINE BILLION CEDIS TIED UP IN GHANA AFTER OVERHAUL OF BANKING INDUSTRY

With up to nine billion cedis ($1.6 billion) of savings trapped in investments, Ghana’s Securities and Exchange Commission (SEC) has placed a ban on the concerned fund managers while investigating whether they violated investment rules.

READ MORE

Lafarge Africa to recognise innovative construction projects

Lafarge Africa has called for entries from professionals and students in respect of its sixth International LafargeHolcim Awards for Sustainable Construction. The award is meant to recognise and reward innovative projects from professionals and bold ideas from students that address sustainability in construction.

READ MORE

Hotel occupancy rises to 60% in H1 despite poor Q1 outing

The Nigerian hospitality sector recorded an impressive result at the end of first half of 2019, with average hotel occupancy rate hovering between 60-70 percent, from less than 40 in the first quarter of the year, according to industry experts who spoke to BusinessDay.

READ MORE

Fourways Mall finally launches, becomes the largest shopping centre in SA

After missing several deadlines, the newly redeveloped multi-billion Fourways Mall has finally opened its doors, becoming the largest shopping centre in South Africa.

READ MORE

China to support Nigeria on ICT, Digital Economy

The Chinese government has expressed its commitment to enhancing exchanges and co-operation with Nigeria. This will be concentrated on sharing good practice in each other’s Information and Communication Technology (ICT) development.

READ MORE

N11.8b spent on Kaduna Dam project

President Muhammadu Buhari yesterday said that the Federal Government had spent N11.8 billion as contribution towards the construction of the multipurpose 186.1 million cubic metres Galma Dam project in Kaduna State.This project is the culmination of the joint efforts of the Federal Government, Kaduna State Government, Islamic Development Bank and the African Development Bank….

READ MORE

Banks race to boost lending as CBN’s Sep. 30 deadline nears

Nigerian banks are rushing to boost lending to retail customers barely a month to the September 30 deadline set by the Central Bank of Nigeria (CBN) for banks to increase their loan-to-deposit (LDR) ratio to a minimum regulatory level.

READ MORE

Nairobi’s longest flyover to cost Sh10 billion

Kenya Urban Roads Authority (KURA) has given details on the construction of the upcoming Nairobi’s longest flyover. According to the Daily Nation, Japan International Co-operation Agency (JICA) will fund the 700-metre bridge.

READ MORE

South Africa’s rand firms as deficit fears ease

South Africa’s rand firmed early on Friday, bucking a downtrend among its emerging market peers, as concerns about South Africa’s budget eased slightly. At 0645 GMT the rand was 0.38% firmer at 15.1850 per dollar, moving further away from 11-month lows above 15.50.

READ MORE

Actis Long Life Infrastructure Fund raises $1.23bn

Actis has completed fundraising for its Actis Long Life Infrastructure Fund (ALLIF) with over $1.23bn of fund commitments plus co-investment, delivering up to approximately $2bn of investable capital for this new strategy….

READ MORE

Access the data you need now

It's free to sign up! Check out reports, the directory and interactive dashboards.

Sign up for free