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Commercial Real Estate set to benefit as African urbanisation accelerates

As the world's most rapidly urbanising continent, the Sub-Saharan African commercial real estate market is primed for a "once in a lifetime" positive growth opportunity, supported by expanding middle classes, new infrastructure investment and deepening corporate footprints. ... Full story

Lesotho plans to build a R400m Cement Plant

Lesotho plans to build a R400m cement plant producing 200‚000 tons a year to supply the cement needs for construction of the dams and houses for the second phase of the Lesotho Highlands Water Project (LHWP)‚ Lesotho National Development Corporation (LNDC) CEO Joshua Setipa says.

Spur Corporation seeks African expansion

Spur Corporation (SUR)‚ whose brands include‚ Panarottis‚ John Dory’s and Captain DoRegos will open outlets in Swaziland‚ Nigeria‚ Tanzania‚ Namibia and the Seychelles next year.

Retail Developers feel the pull of Africa's consumer boom

A new kind of consumer is popping up across the African continent, and retail property investors are taking note -- and moving in.

Retail developers encouraged by Africa’s project yields

Increasingly, retail developers are eyeing Africa's rapidly growing consumer markets as the scope for investment is steadily cumulative and demand for more formal retail options from shoppers is following suit.

Sub-Saharan Africa tops Retail Property Investment

Sub-Saharan Africa has become the hub of retail property activity, accounting for project developments worth R30,6 billion under construction and others set to break ground before the year end.

Zimbabwe proposes R3bn “Disney-style theme park” at Victoria Falls

Zimbabwe plans to build "Disneyland in Africa" at the world famous Victoria Falls to boost tourism, according to new plans unveiled by the Zimbabwean government.

Actis pours R2.8bn in Sub-Saharan Africa property developments

London-based private equity investor Actis, which invests in emerging markets has injected an extra R2.8 billion (approx. US $278 million) into property developments in Sub-Saharan Africa region.

Mall of Zimbabwe space take-up increases 75%

Take-up of retail space at Mall of Zimbabwe Millennium Park in the plush Borrowdale suburb of Harare has exceeded expectations reaching 75 percent, despite delays in the project construction.

French retailer Carrefour gains ground in Africa

In an attempt to secure an early advantage over competitors, French giant retailer Carrefour has partnered with CFAO to exploit the vast retailing opportunities offered by Africa’s fast growing spending power.

Africa gears up for paid parking

Investors from Europe, Asia and the US are not the only ones chasing growth opportunities in Africa these days — Africans themselves are waking up to the potential across borders in their own backyard.

Sub-Saharan Africa has 'Real Potential'

Sub-Saharan African economies are tipped as locations where property investors should look to for real growth in the next decade.

FNB Botswana takes up residence in its new Gaborone head office

FNB Botswana (FNBB), on August 5th celebrated the official inauguration of its new five-storey head office building, named First Place, located in Gaborone Central Business District.

Botswana Property Market seen as a resilient and stable investment

According to the IPD Botswana Annual Property Consultative Index, released today, the total return for all property was 17.9% for the year to December 2012, compared with 20.9% for 2011.

R20m Builders Warehouse opens in Botswana

Massmart’s Massbuild division invested R20.5 million in a new 5‚150m² Builders Warehouse‚ located in Somerset West‚ Francistown‚ in Botswana.

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