AGP Executive Report

Building Safety: Four people have been rescued and others remain missing after an 18-storey building under construction collapsed in Nairobi’s Eastleigh district. Architects are calling for past investigation reports to be released and a nationwide building audit. Housing Delivery: Kenya’s environment agency issued a notice on President William Ruto’s planned 7,128-unit Nairobi housing project, while Nigeria’s target of 77,400 social homes has revived questions about whether the units will be affordable to low-income households. Urban Renewal: Gauteng has launched the R16-billion Kopanong Precinct project to regenerate Johannesburg’s CBD.

Construction Safety: Two people were rescued and five remained missing after an 18-storey building under construction collapsed in Nairobi’s Eastleigh district. Authorities are investigating and seeking the building’s owner and contractor, renewing scrutiny of construction oversight. Affordable Housing: Kenya’s environment authority has reopened public consultation on a proposed 7,128-unit housing development in Lang’ata, months after a court halted construction over environmental and public-participation concerns. Nigeria Housing: The federal government plans 77,400 social homes, but high costs and mortgage requirements raise doubts about whether low-income households can afford them. Land Dispute: Ogun State residents say a proposed allocation of community land to Chinese investors could displace families and destroy homes; they are urging the government to pause work and consult residents.

Building Safety: Rescuers in Nairobi are searching for people reported missing after an under-construction high-rise collapsed in Eastleigh. Shops were operating on its ground and basement floors. The disaster has renewed scrutiny of building approvals and enforcement, with officials saying permits were lacking. Housing Delivery: Lagos says it has delivered 10,623 homes in seven years, while a teachers’ mortgage bank plans 350 housing units in Taraba. Affordable Housing: Algeria’s draft 2027 budget targets 350,000 AADL 3 homes, underlining the scale of public housing plans across the region.

Building Safety: Rescuers in Nairobi are searching for seven people after a 16-storey building under construction collapsed in Eastleigh, where 11 ground-floor and basement shops were occupied. Questions over its approvals—including reports it lacked an occupation certificate—have intensified scrutiny of construction oversight. Housing Delivery: Lagos Governor Babajide Sanwo-Olu says the state has delivered 10,623 homes across 23 estates since 2019; ongoing projects could lift the total to 14,022. Affordable Housing: Nigeria’s secondary-school teachers’ union has partnered with the Federal Mortgage Bank on 350 homes in Taraba, with land secured for the project. Hospitality Investment: Morocco aims to add 60,000 hotel beds ahead of the 2030 World Cup, but financing, regional distribution and long-term demand remain key challenges.

Building Safety: A high-rise under construction collapsed in Nairobi’s Eastleigh district, with many feared trapped. Rescuers faced difficult access, and Nairobi’s governor said the building lacked an occupation certificate, renewing calls for tougher enforcement against unsafe construction. In Lagos, a separate building collapse left one person dead and three rescued. Housing Finance: Nigeria’s FMBN approved ₦208 billion in housing loans and financed 6,911 homes in 2025. A federal housing PPP model has also attracted interest from other African countries, with officials saying it could cut project costs by 30%. Property Markets: Kenyan house prices rose, with standalone homes outperforming apartments. In Morocco, construction costs are mounting pressure on developers as the country plans 60,000 new hotel beds ahead of the 2030 World Cup.

Construction Safety: One person died and three were rescued after a building under construction collapsed in Lagos; responders feared others could still be trapped. Affordable Housing: Cape Town handed homes to beneficiaries in Atlantis, while Kenya’s Eldoret affordable housing project delivered keys to 2,157 homeowners. Rents and Prices: Nigerian lawmakers introduced a bill to regulate rents in the Federal Capital Territory. In Kenya, house prices rose, with standalone homes outperforming apartments in 2026. Development Pipeline: Hotel101 plans a 750-room property in Cairo, marking its first African project, while Nigeria’s Sujimoto unveiled plans for a 49-storey luxury hotel.

Nigeria Rents: Lawmakers moved to stop Abuja landlords demanding more than a year’s rent upfront, a proposal aimed at easing the burden on tenants. Kenya Housing: House prices rose in 2026, with standalone homes outperforming apartments; meanwhile, 2,157 households received keys to a new affordable housing estate in Eldoret. Algeria’s Housing Plan: The draft 2027 budget sets out plans for 350,000 AADL 3 homes. Hotel Investment: Hotel101 is entering Africa with a planned 750-room Cairo property, while Morocco’s hospitality pipeline is expanding ahead of the 2030 World Cup. Property Costs: Industry stakeholders in Nigeria cited high electricity costs and poor planning as obstacles for real estate, while Knight Frank says infrastructure, affordability and changing occupier needs are reshaping the market.

Rwanda Investment: Raffles Family Office will pitch Rwandan airport, tourism, infrastructure and real-estate projects to wealthy clients, aiming to mobilise hundreds of millions of dollars. The firm is not investing that amount itself. Johannesburg Regeneration: Power and water failures are pushing some inner-city landlords to spend up to R2.5 million on diesel in about two weeks and R10,000 every two days on water tankers, raising costs and threatening investment. Affordable Housing: Nigeria says a $125 million public-private partnership could help cut housing costs by 30%; its housing model is also drawing interest from other African countries. In Kenya, President William Ruto opened an affordable estate in Eldoret and handed keys to 2,157 homeowners. Tourism Development: Morocco plans 60,000 new hotel beds ahead of the 2030 World Cup, as hospitality investment gathers pace. Sector Pressures: Nigerian real-estate stakeholders cite high electricity costs, weak financing and poor project planning as barriers to development.

Affordable Housing: Nigeria is pitching its Renewed Hope public-private housing model to African countries, with $125 million in private investment aimed at cutting costs by 30% and supporting 100,000 homes. Kenya Homes: Ruto handed keys to 2,157 buyers at Eldoret’s Pioneer affordable housing estate; a proposed stamp duty exemption on land deals under Sh1 million could also ease costs for small buyers. Hotels and Development: Morocco plans 60,000 new hotel beds ahead of the 2030 World Cup, while Nigeria’s Sujimoto has unveiled plans for a 49-storey luxury hotel. Land and Construction: A Nigerian surveyor warns that untitled land is costing the country billions, as construction firms gather in Nairobi to target Kenya’s growing property and infrastructure market. Property Markets: Knight Frank says infrastructure, affordability and shifting occupier needs are reshaping Nigeria’s real estate sector, which it estimates contributes 13% of GDP.

Durban Development: The proposed R980 million amusement park on the city’s Golden Mile has won funding approval for development work, but its full construction financing remains undisclosed. Nairobi Mobility: Plans to replace the CBD’s 240-space Sunken Park lot with a privately developed hub for 3,800 vehicles have advanced to a feasibility study. Housing Investment: Nigeria is promoting a $125 million public-private housing model aimed at delivering 100,000 homes and cutting project costs by 30%; other African countries are exploring whether to replicate it. Morocco Hospitality: The country plans 60,000 new hotel beds ahead of the 2030 World Cup, with its investment pipeline reaching 75 hotels. Green Buildings: Absa Place in Accra earned IFC EDGE Advanced certification for energy and water efficiency.

Nigeria’s Housing Drive: The federal government says a $125 million public-private housing model could help deliver 100,000 homes while cutting project costs by 30%; African countries are exploring whether to adopt it. FMBN separately approved ₦208 billion in housing loans, financing 6,911 units in 2025. With rents surging, a Nigerian socialist group is calling for rent controls, more public housing and stronger tenant protections. Kenya’s Homebuilding: President William Ruto handed keys to 2,157 homeowners at a Sh5.3 billion Eldoret project and signalled stamp-duty relief for land deals below Sh1 million. Morocco’s Hotel Pipeline: The country is targeting 60,000 new hotel beds ahead of the 2030 World Cup, including a planned $250 million investment by Pickalbatros for 7,000 rooms. Rising construction costs are adding pressure on developers. Market Watch: Knight Frank puts real estate’s contribution to Nigeria’s GDP at 13.1%; Algeria’s real estate exhibition is set to open in Algiers on October 22.

Nigeria Housing: The federal government says a $125 million public-private partnership will attract private investment and cut housing costs by 30%, with a model aimed at 100,000 homes drawing interest from other African countries. Separately, FMBN approved ₦208 billion in housing loans and financed 6,911 units in 2025. South Africa: Redefine Properties launched a R106 million solar-wheeling project in Cape Town, supplying renewable power to three commercial properties and aiming to avoid about 9,645 tonnes of emissions a year. Tanzania: Property brokers are calling for formal registration and a regulatory board to set standards and protect clients from fraud. Kenya: President William Ruto handed over keys to 2,157 homeowners at a Sh5.3 billion Eldoret housing project. Algeria: The DZ IMMO real estate exhibition runs in Algiers from October 22 to 25, bringing together developers, lenders and property-service firms, with a focus on transparency and buyer trust.

Kenya Housing: President William Ruto handed keys to 2,157 homeowners at a Sh5.3 billion Eldoret housing project, while a separate 2,148-home affordable development was launched in the city. Nigeria Housing: Nigeria’s housing PPP model drew interest from other African countries at a continental forum; separately, the Federal Mortgage Bank approved ₦208 billion in loans to finance 6,911 homes. Morocco Development: Construction costs are rising, squeezing property developers, even as the country’s hotel pipeline grows ahead of the 2030 World Cup, with plans to add 60,000 beds. Market Outlook: Knight Frank says real estate accounted for 13.1% of Nigeria’s GDP in the first half of 2026.

Affordable Housing: Kenya has launched a 2,148-home project in Eldoret with fibre connectivity, while Nigeria says construction is under way on 10,000 homes across 14 states. Market Access: Cape Town’s rising housing costs are pushing residents farther from jobs and services, highlighting the affordability challenge facing South African cities. Development Pipeline: Morocco has secured a $250 million hotel investment tied to plans for 7,000 rooms, as tourism-led construction expands. Industry: FIABCI has launched a Ghana chapter to promote real estate professionalism and investment. Infrastructure and Land: A new Ngong–Suswa road is bringing buyers to once-remote land outside Nairobi, with local businesses also reporting a boost.

Land Dispute: Armed GSU officers ordered guards off a five-acre property near Eldoret State Lodge, escalating a dispute involving the Moi family. Building Safety: One person was injured when a five-storey building under construction collapsed in Abuja, renewing concerns about construction oversight. Land Compensation: Kaduna Governor Uba Sani says his government has paid ₦2 billion to 865 property owners affected by road projects. Hospitality Investment: Morocco has secured a $250 million hotel investment from Pickalbatros, which plans to add 7,000 rooms. Affordable Housing: Nigeria says construction has begun on 10,000 homes across 14 states under its Renewed Hope programme. Market Access: FIABCI-Ghana has launched to promote professionalism and global collaboration in the country’s real estate sector. Housing Affordability: Cape Town’s rising prices are putting pressure on ordinary residents, with political parties debating the drivers and possible response.

Abuja Housing: FCT Minister Nyesom Wike has urged the Abuja Property Development Company to expand its affordable homes programme. Studio apartments at its Karsana project sold for N15 million, with strong demand highlighting the need for lower-cost options. Student Accommodation: Kenya’s UMMA University plans two hostel blocks with 316 beds, a Sh770 million project aimed at easing accommodation shortages and improving student safety. Urban Planning: Lagos Governor Babajide Sanwo-Olu has warned against building on wetlands, underscoring the risks of development that ignores natural drainage. Housing Supply: Nigeria says construction has begun on 10,000 homes across 14 states under its Renewed Hope programme. Market Affordability: Cape Town’s housing market is pricing ordinary residents out, according to the Build One South Africa party. Industry Standards: FIABCI-Ghana has launched to strengthen real estate professionalism and global collaboration.