AGP Executive Report

Housing Affordability Pressure: Cross River lawmakers urged landlords to moderate rents as tenants in Calabar face sharp hikes, with some rooms reportedly costing up to ₦1.5m a year and one-bed flats hitting ₦800,000–₦1m, while sudden eviction threats and demands for up to two years’ rent in advance add strain. Cost of Construction: Nigeria’s cement price volatility is stalling projects, with disputes over payments and sudden supplier price jumps leaving builds “virtually stalled,” highlighting how material shocks ripple into property development. Urban Resettlement: Somalia began resettling over 1,000 Mogadishu families from informal settlements affected by road and development works, allocating 1,058 plots and promising water, power, schools, a mosque and health services. Macro & Housing Inputs: Kenya’s August inflation rose to 6.6% year-on-year, with housing, water, electricity, gas and other fuels contributing 3.6%—a reminder that household costs feed directly into rent affordability. Finance for Growth: Uganda’s Housing Finance Bank said mobilising capital for housing and infrastructure is key to Uganda’s tenfold growth ambition, pitching finance as the bridge from opportunity to delivery. Energy & Property Risk: South Africa’s solar-driven resilience is now under pressure as data centres seek preferential grid access, raising the risk of a two-tier energy system that could affect operating costs for buildings and developers.

Cement Price Probe: Nigeria’s FCCPC has launched a fresh investigation into cement makers after prices reportedly pushed above ₦15,000 for a 50kg bag, summoning Dangote Cement, BUA Cement and HBM Nigeria over possible anti-competitive conduct. Housing Supply Pressure: In Ivory Coast, Abidjan renters say wages and budgets can’t keep up with soaring rents and poor housing conditions, with UN Habitat warning that rental unaffordability is a growing regional problem. Smart City & Roads: Kenya’s President Ruto unveiled a Sh4bn Malaba Smart City plan in Busia, including about 2,000 affordable homes and dualling a key border-post road section. Education Infrastructure: Kenya’s Maseno School begins a Sh4bn facelift with 40 classrooms and eight laboratories, aiming to modernise aging facilities within six months. Infrastructure Resilience: Tanzania’s PM ordered faster completion of critical works ahead of possible El Niño rains, stressing drainage and bridge readiness. Cross-border Real Estate: Ghanaian developer Devtraco is courting Nigerian investors for luxury property and exploring Nigeria housing development opportunities. Security & Property: South Sudan police say a Bor County commissioner’s residence was burned in an arson attack, with a manhunt underway.

Housing & Infrastructure Delivery: Kenya’s Rironi–Naivasha road expansion is set to reach the Naivasha section by December, after a fresh contract with China Road and Bridge Corporation to widen the Sh200bn corridor and ease congestion. Real Estate Finance & Homeownership: Nigeria’s AXP Africa unveiled a new housing model linking developers, mortgage banks, employers and policy to tackle the housing deficit, while AXP says it has already profiled mortgage opportunities for 300+ buyers. Land, Property & Fraud Prevention: Guidance for Nigerians in the diaspora stresses due diligence—verify ownership via land registry, check documents, use lawyers and surveyors, and avoid fraud and disputes before paying. Oil & Gas Community Assets: Nigeria’s NUPRC says 172 Host Communities Development Trusts have been incorporated under the Petroleum Industry Act, funding schools and hospitals to reduce tensions and support production. Urban Safety & Enforcement Tech: Cape Town plans to add 750 body-worn cameras (to reach 3,000 planned devices) as CCTV footage is increasingly used in investigations and complaints. Construction Materials & Industry: Egypt’s industry minister toured Holcim Egypt’s Ain Sokhna cement plant, highlighting large capacity, exports and local jobs. Mining Safety & Compliance: South Africa’s slimes dam at Samancor’s WCM Mine burst, raising questions over seepages, registration with water authorities and safety transparency.

Affordable Housing Oversight: Kenya’s housing ministry has started verifying claims around Mukuru’s Affordable Housing Units after residents protested “sold out” messages despite deposits, with affected applicants to be identified and addressed. Land & Due Diligence: Nigeria’s Land Bankers Summit in Abuja pushed investors to do proper checks before buying land, warning that misinformation and weak knowledge—not lack of funds—fuel fraud and land grabs. Flood Risk Watch: Nigeria’s flood early-warning centre flagged 915 communities across 19 states and the FCT as at critical risk, urging residents to prepare and protect property. Infrastructure for Value Growth: Nigeria’s Trans-Sahara Superhighway push continues, with Works Minister David Umahi saying road links will boost security, agriculture and commerce along corridor states. Real Estate Governance & Data: ARAHA held a summit to bridge knowledge gaps and tackle misinformation in real estate, while calls for better property databases and verification echoed across the week. Energy & Land Use: South Africa’s RBM is expanding solar power to cut smelter electricity costs, adding renewable land projects that could reshape local development corridors.

Housing & Land Administration: Ghana’s MMDAs are being urged to digitise and regularly update property valuation and ownership databases to improve billing accuracy and property rate collection. Infrastructure & Built Environment: Kenya’s Rironi–Naivasha highway (Rironi-Naivasha section) is expected to get a new tarmac surface by December as KeNHA and CRBC push earthworks and major structures toward asphalt works. Tourism & Regeneration: Nigeria’s Cross River says it has completed a test flight at the Bebi Airstrip in Obanliku, signaling rehabilitation plans for Obudu Ranch Resort ahead of a temporary Sept. 1 closure. Rights & Evictions: A UN committee warns Tanzania’s Maasai face forced evictions and violent law enforcement abuses in Ngorongoro/Loliondo, calling for halts, compensation, and alternative housing. Water & Development Debate: Ethiopia reiterates its right to build dams and use water resources for national development, rejecting calls to limit projects beyond GERD. Public Finance & Accountability: Lagos political actors and a former EFCC boss urged stronger accountability and transparency in public financial management, citing a gap between revenue growth and residents’ lived conditions.

Affordable Housing Integrity Crisis (Kenya): Kenya’s Affordable Housing Programme is under fire after officials said some contractors used fake tender documents, while Mukuru residents who paid deposits say SMS alerts told them their units were “sold out” without clear answers on where their money went. Housing Disputes (Nigeria): A Abuja property fight is escalating as a civil society group urges FCT and defence authorities to verify documents in a reported attempt to take over a 2.5-hectare Karmo property. Energy & Property Finance (South Africa): A proposed AI data-centre campus in Coega SEZ could generate jobs and municipal property rates, but councillors are split over the massive electricity needs and whether the city can afford to lose revenue. Infrastructure Delivery (Nigeria): Nigeria’s Kano–Katsina rail project remains on track for December 2026 commissioning, with officials citing about 80% physical completion despite earlier setbacks. Public Services & Livelihoods (Kenya): Residents in Kaduna’s Millennium City ask Kaduna Electric to pause meter replacements while a court case runs, warning against community-wide disconnections. Social Protection (South Africa): SASSA Older Person Grants for September 2026 will be paid from 2 September, but uncertainty remains around future increases.

Coastal Planning Push (Ghana): Volta Regional Minister James Gunu opened a three-day validation workshop for Spatial Development Frameworks for Ketu South, Keta and Anloga, backed by LUSPA under WACA ResIP 2, aiming to steer housing, infrastructure and investment while tackling erosion, tidal waves and climate risks. Road & Bridge Works (Nigeria): Federal Works Minister Dave Umahi ordered a one-week closure of the first River Niger Bridge for repairs after vandalism, with motorists diverted to the Second Niger Bridge; in Delta, Governor Oborevwori flagged NDDC reconstruction of a failed Benin-Sapele Expressway segment. Housing Finance & Policy (Nigeria): A banking recapitalisation debate resurfaced after N4.65trn was raised in Nigeria’s recap window, with questions on whether banks are translating capital into real economy credit for housing and growth. Anti-Corruption Incentives (Nigeria): EFCC offered whistleblowers 2.5%–5% of recovered assets to help track stolen Nigerian wealth abroad, alongside claims of $500m+ in forfeitures. Security & Property (Kenya/US): Coral Gables police said more arrests are expected in the burglary of a Florida couple’s home tied to a Kenya helicopter crash, describing a broader criminal operation. AFCON Infrastructure (Kenya): CAF inspected Kenya’s AFCON 2027 readiness, including Talanta Stadium and Kasarani, as East Africa ramps up venue and training ground upgrades.

Housing Delivery & Community Assets: Nigeria’s Federal Housing Authority broke ground on Osogbo’s Renewed Hope Estate, signaling a push for mixed-use housing via PPPs. Urban Services & Health: Cape Town’s Khayelitsha faced fresh scrutiny after sewage seeped into Kuyasa Primary School, exposing drainage and service-delivery failures. Infrastructure & Rail: Nigeria reaffirmed Kano–Katsina rail completion by December 2026 after test runs and inspections, with rainy-season delays cited but progress defended. Built Environment & Inclusion: South Africa’s Housing Development Agency summit urged women in the built environment to collaborate and scale investment. Property & Value Trends: Kenya’s residential value is increasingly tied to social connection and wellness-focused amenities, as developers respond to changing digital lifestyles. Energy & Land Use: A proposed R47bn green hydrogen project in Hopefield, Western Cape, is testing local biodiversity concerns against new development ambitions. Security & Public Trust: Zamfara urged NYSC corps members to support host communities—an indirect reminder that housing and development depend on stability.

Airport Infrastructure (Ghana): President Mahama has cut sod for a seven-storey car park and commercial complex at Accra International Airport Terminal 3, adding about 2,030 covered bays plus retail, hospitality and entertainment, as passenger traffic rises from 1.8m (2022) to 2.5m (2025). Housing & Finance (Nigeria): The FG says fuel subsidy removal has created fiscal headroom for development spending, while separate reporting highlights EFCC action over alleged N13.6m property fraud in Ibadan. Energy & Power (Nigeria): Sahara Power Enterprise Group begins construction of a 12MW gas-fired independent power plant in Lagos’ industrial hub, targeting Q1 2027 delivery. Urban Security & Governance (Ghana/Kenya/Nigeria): Ghana’s Parliament outdoored new security guards; Kenya’s IEBC rejects Gachagua’s 2027 interference and alleged IEBC house-purchase claims; Kano police warn parties against hate speech, fake news and electoral violence. Social Risk (South Africa): UN watchdog CERD flags rising xenophobic hate crimes and displacement of migrants, citing property destruction and unlawful evictions.

World Lake Day: Conservation is shifting from fixing single pollution sources to restoring whole lake ecosystems—an approach increasingly relevant for Africa’s freshwater security. Tanzania Power & Infrastructure: President Samia Suluhu Hassan inaugurated the $2.9bn, 2,115MW Julius Nyerere Hydropower Plant, a major grid boost for the Rufiji area and beyond. Nile Diplomacy: Ethiopia’s professor Yacob Arsano says Egypt’s Abay (Nile) stance breaches AU principles on consultation and equitable use, warning it blocks joint development. Zanzibar Sports Safety: Zanzibar football violence is growing, with ground infrastructure—like lack of fencing—flagged as a contributor. Housing Finance (South Africa): FNB data shows women repeat homebuyers now lead (51% of women’s applications in 2025), with more moving into homes above R1m. Urban Works (Nigeria): Abia and the Nigerian Railway Corporation sign an MoU for an access road across the rail corridor in Umuahia to ease traffic and support a transport hub. Hospitality Investment (Zimbabwe): Hilton will enter Zimbabwe with a Hilton Garden Inn Harare Highlands planned for early 2029. Cybercrime Crackdown: Interpol’s Operation “Jackal IV” arrested 58 suspects across 22 countries, including a €143m crypto fraud case. Road Cost Overruns (Malawi): Chitipa–Ilomba Road completion costs jump by K131bn due to remaining works and 2026 price conditions.

Housing & Land: A Zimbabwean influencer’s Cape Town home tour sparked backlash as South Africans questioned how a foreign national can afford an upmarket property while locals struggle with access and affordability. Infrastructure Delivery: Nigeria’s Presidency blamed the Benin-Agbor-Asaba expressway contractor for the road’s failure and gridlock, while a separate NDDC-led intervention aims to rehabilitate failed highway sections linking Edo and Delta. Urban Planning & Growth: Ethiopia’s Gode City could see major industrial investment (fertiliser and an oil refinery), but analysts warn growth will only work if housing, land systems, utilities and services are prepared ahead of demand. Real Estate Finance & Assets: Nigeria’s EFCC says it has forfeited over $500m in cash and assets to government in three years, using civil forfeiture to recover suspected proceeds of crime. Construction Sector Watch: ASUU began an indefinite strike at more than 20 state universities, adding pressure to education and campus infrastructure timelines. Energy Assets: Nigeria launched a Renewable Asset Management Company to maintain publicly funded solar hybrid projects after only 3 of 7 were found usable.

Housing & Urban Planning: Abuja residents say many buildings still haven’t been cleared after FCT Minister Nyesom Wike ordered demolitions of structures blocking green areas and waterways, raising fears of worse flooding and lost public space. Roads & Infrastructure Delivery: Nigeria’s Benin–Agbor–Asaba corridor remains a misery for motorists as the Works Ministry moves to review concession compliance and push for immediate remedial works after repeated failures. Land, Heritage & Community Revitalisation: Johannesburg’s Alexandra gets a push to turn Richard Baloyi Street into a creative heritage hub, with a community-led plan to build an art precinct around local history. Social Housing & Finance: Liberia’s government reports stronger growth and inflation down in its two-year ARREST Agenda review, but flags ongoing gaps in jobs and rural development. Energy & Power Projects: South Africa’s ACTOM EPC is set to deliver a major 1,000 MVA transmission substation for the Overberg Wind Farm, linking generation to grid capacity. Property & Construction Materials: Market reports point to continued demand for engineered wood and building access tech, while a study warns sand overextraction is weakening riverbanks as concrete demand rises.

Land Administration: Kenya’s Mau Forest has been “secured” after the government issued a title deed, with President William Ruto saying no one will enter Mau again and that fencing plans will continue to protect the watershed. Urban Social Policy: Kenya also reports a sharp drop in street-connected people to 18,049 in a 2025 national census, down from 46,936 in 2018, with Nairobi still the biggest concentration. Property & Infrastructure Disposal: South Africa’s Transnet has put the Carlton Centre and 14 other commercial properties up for sale, starting with a government right of first refusal before private buyers move in. Housing & Community Development: Nigeria’s distance-learning push gets a boost from Yemi Osinbajo, who calls open and distance learning a national necessity as university demand rises. Real Estate Governance & Accountability: Edo State’s Town Hall project in the 2025 budget is questioned after a socio-accountability group says an “abandoned” ₦40m allocation resurfaced with another ₦50m. Security & Land Use Risk: Tanzania police arrested a man for allegedly setting fire to four rooms at a former district court building during Maulid celebrations, highlighting ongoing property and document-loss risks.

Zimbabwe Construction & Materials: Tsingshan says it may triple output at its Manhizhe steel plant to as much as 2m tons, citing plans to diversify products and expand volume—an expansion that could intensify pressure on South Africa’s struggling construction-steel market. Namibia Retail Development: Construction has started on the N$160m Buchter Mall in Lüderitz, with Shoprite as anchor and plans for 200 jobs during build plus 300 permanent roles, alongside a second-phase hotel and office space. Nigeria Infrastructure & Housing Finance: FG will engage stakeholders to fix the Benin-Asaba Road after concession issues left travellers trapped, while NNPC and partners execute addenda advancing the $21bn Bonga South-West/Aparo deepwater project toward FID. Lagos Urban Enforcement: Lagos issues a seven-day ultimatum to illegal occupants encroaching on public-institution setbacks, with enforcement to follow immediately. Kenya Roads & Resettlement: KeNHA plans upgrades to about 123km of roads in Egeyo Marakwet areas, with route adjustments and compensation before works begin. Nigeria Real Estate Dispute: Former cabinet secretary Raphael Tuju challenges an auction of Karen properties, arguing litigation is still pending in multiple courts. Africa Climate-Resilient Infrastructure Finance: AFC Capital Partners launches a US$750m Infrastructure Climate-Resilient Fund Nigeria to mobilise domestic institutional capital for climate-ready infrastructure.

Property & Urban Finance: Transnet has started the process to sell 15 noncore assets, including Johannesburg’s iconic Carlton Centre, with sister state entities getting first refusal before the private sector. Housing & Construction Costs: Nigeria’s cement price shock is back in focus as the FCCPC probes possible manipulation after 50kg bags reportedly jumped to N12,000–N15,000. Energy & Real Estate Demand: Nigeria’s NNPC Ltd and partners executed addenda for the $15–$21bn Bonga Southwest/Aparo deepwater project, a potential long-term jobs and infrastructure tailwind. Land & Development Integrity: A viral “Kilifi affordable housing” photo was debunked as recycled imagery from Nigeria’s Buhari Estate in Abeokuta. Water & Infrastructure Delivery: A World Bank-backed analysis warns water budgets get stuck—allocated funds often aren’t spent, with Sub-Saharan Africa averaging about 62% execution. Regional Power Projects: Tanzania commissioned its largest hydropower plant (Julius Nyerere), boosting grid capacity and regional business confidence. Local Governance & Roads: Edo State says rainfall slowed major road works, while Transnet’s asset sales and Kenya’s mortgage push underline how policy and finance shape where homes and jobs land.

Uranium Deal in Niger: Atomic Eagle says it has re-established its 60% interest and operational control of the Madaouela Uranium Project after a new Mining Convention with the Republic of Niger, with arbitration to be withdrawn within days—another Africa resource play to watch. ESG in Nigerian Banking: FirstBank reports it screened 505 corporate transactions worth over ₦10trn for ESG risks in 2025, signaling deeper sustainability checks as economic pressures mount. Housing & Infrastructure Delivery: Rivers State unveiled a remodeled 105-bed Zonal Hospital in Omoku and pushed a shift toward vocational/technical education—both tied to improving service delivery and employability. Land, Evictions & Safety: Mogadishu residents report clashes after demolitions in Tookiyo, while Guinea’s Conakry saw a deadly landslide at a rubbish landfill that killed at least 30. Policy & Governance: Kenya’s Ruto warns against tribal hate ahead of 2027, and Zimbabwe’s Drivers Association petitions for professionalising driving with minimum standards. Energy Projects: ExxonMobil awarded about $1.1bn in pre-FID contracts for Mozambique’s Area 4 offshore gas and Rovuma LNG early works.