Trending Economic and Real Estate News From the Web

Here are the trending economic and real estate news from the web in Africa for the week; June 18th, 2023 – June 24th, 2023.

• China Cuts Interest Rates in Effort to Boost Flagging Economic Growth – VOA
• Actis exits second African renewables platform – Infrastructure Investor
• Experts chart path for real estate growth – The Guardian Nigeria News
• Sub-Saharan Africa Investment Summit debuts – Tribune Online
• 6 things to consider before investing in off-plan property – Businessday NG
• Nigeria remains strategic to Africa’s security- Runsewe – FRCN HQ
• Construction Jobsite Management Software Market Analysis 2023 – Digital Journal
• Sub-Saharan Africa Investment Summit debuts – Tribune Online
• Naira Official, Parallel Rates Converge as Nigeria Eyes Reforms – Yahoo Finance
• Developer sets to change approach to housing devt in Nigeria – Businessday NG
• Airtel Africa expects fresh blow to financial performance amid Nigeria’s forex market reforms – Premium Times
• Fuel prices soar as independent marketers purchase from private depots at N490 per litre  – Nairametrics
• FG renames Women Centre after late Maryam Babangida – Daily Post Nigeria
• Developing rice varieties resistant to a bacterial disease outbreak in Africa – Phys.org
• Five Kenya startups make the cut for Google’s Ksh 55B fund – KBC
• Afrimat diversifies further with Lafarge South Africa acquisition – Engineering News
• Dangote, First Bank win Afreximbank awards in Accra – Businessday NG
• Real Estate Firm Gives Hilda Baci Plot of Land in Lagos – Business Post Nigeria
• Nigerians are still facing many of the challenges they suffered five years ago – Bill Gates – Nairametrics
• Ahmed Badawy: President Ruto’s master builder on whose shoulders affordable housing dream rests – Nation Africa
• “De-risking capital is key to scaling up development finance”, Adesina tells OPEC Fund forum – Eco Fin Agency
• Construction mafias: the wrecking ball in the building sector – BusinessLIVE
• Growthpoint proposes a R250m B-BBEE ownership scheme in support of its CSI initiatives – Property Wheel
• Luxury real estate firm ranks top in Africa – The Nation Newspaper
• Olam Agri’s Seeds for the Future wins sustainability initiative of the year award 2023 –  Nairametrics
• Leisure Hotels Group Signs Leisure Business Project In Dehradun – Construction Review
• Why there’s always a disconnect between property value, actual price – The Standard
• Property destroyed as Garissa High students go on strike – Daily Nation (Kenya)
• MICROCAPITAL BRIEF: TASC Borrows $3.5m from Spark+ Africa to Fund 90k Cookstoves – Micro Capital
• Minister of Human Settlements, Mmamoloko Kubayi, to address the inaugural Residential – Property Wheel
• Bluerock Total Income+ Real Estate Fund Announces 42nd Consecutive Quarterly – PR Newswire
• Baker Hughes secures subsea contract for Baleine phase 2 project in Ivory Coast – Construction Review
• Expert laments Money laundering loopholes in Real Estate Industry – Voice of Nigeria
• Sub-Saharan Africa investment summit holds maiden edition – Tribune Online
• OHM secures $1M grant for Vancouver affordable housing project. – Construction Review
• The Canyon residential tower opens in Mission Rock, San Francisco – Construction Review
• Kesses solar generation facility, Kenya – update – Engineering News
• Fourth filling of Ethiopia’s controversial dam – Construction Review
• Boat accident: Patigi LG boss appeals to FG on abandoned Kwara – Niger bridge – Daily Post
• Kubik gets $3.34 million to turn plastic waste into low-cost building materials – TechPoint
• IFC Grants SEACOM $207m to Boost Digital Connectivity – Business Post Nigeria
• Nigeria: Lagos Free Zone eyes more investments amid weaker naira – Africa Report

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