How Seso Global plans to unlock $100 billion trapped in Nigeria’s real estate market using blockchain technology

Walk through the streets of cities, towns, and villages in Nigeria and you will see the signs everywhere, clearly erected in front of gates or painted explicitly on fences in colours that immediately grab your attention — This Land is Not For Sale. In Nigeria, having a land ownership deed is no guarantee that the land is really yours. Why? Because the government’s land ownership records aren’t trustworthy enough. Land disputes happen all the time. Sometimes, leading to violence and death.

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What technology has in store for construction industry

The first social humanoid robot, Sophia, was in Kigali, Rwanda, for the 2019 Transform Africa Summit.

Donning Rwanda’s traditional attire, umushanana, Sophia set the conference off to a good start, joking with and greeting a full auditorium in different languages, including Swahili, before giving a four-minute-long speech on the importance of technology and innovation.

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South Africa’s retail sales up 2.4% year/year in April

South African retail sales rose 2.4% year-on-year in April after rising by a revised 0.1% in March, Statistics South Africa said on Wednesday.

On a month-on-month basis, sales were up 0.8%. They rose 1.3% in the three months to the end of April compared with the same period last year, the statistics body said. (Reporting by Olivia Kumwenda-Mtambo Editing by Alexander Winning)

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Housing contribution to Ghana’s economy

Over the years Real Estate and Housing contribution to Ghana’s economic growth has been grossly overlooked and undocumented. Housing development has mainly been an individual affair. Central Governments have not captured housing as part of national wealth and assets.

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Stakeholders seek stand-alone housing ministry

Housing stakeholders are mounting pressure on President Muhammadu Buhari to split Ministry of Power, Works and Housing, as he begins second term tenure in office and make housing a full fledged ministry with a minister for sustainable growth. Dayo Ayeyemi reports

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Why intervention funds don’t work – Mustapha Chike-Obi

A former Managing Director of Asset Management Corporation of Nigeria (AMCON), Mustapha Chike-Obi, has said the intervention funds meant to boost access to finance isn’t as efficient as reducing interest rates. Chike-Obi, who’s the current Executive Vice Chairman of Alpha African Advisory, made the remark at the monthly capacity building forum of the Finance Correspondents Association of Nigeria (FICAN), in Lagos on Monday.

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JSE-LISTED PROPERTY GROUP FUNDS “TREES FOR HOMES” PROGRAMME

Fortress REIT Limited, the JSE-listed property group, has funded a year-long “Trees for Homes” programme run by Food & Trees for Africa (FTFA) in Sebokeng, a township in southern Gauteng. This forms part of a broader food security, environmental sustainability and greening programme aimed at benefiting communities living in close proximity to some of its flagship properties.

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