Category Archives: World

Important Commercial Real Estate Terms You Should Know

Commercial real estate is far more complex than residential real estate. The contracts are longer, often the price tags are higher, and included in the process are many complex terms that an ordinary person does not understand. Make sure before entering into a commercial real

Kenya: Cooperatives to Deliver 500,000 Social Housing Units

Kenya is ranked highly globally with regard to a thriving cooperative movement having an asset base of more than Sh900 billion and deposits worth over Sh600 billion. The movement has continued to grow over the years. “This gives Kenya a competitive advantage while at the

Kenya lauded for moving to make housing affordable

Kenya has been acclaimed for coming up with initiatives to meet the rising demand for houses and making them affordable. The latest plan contained in the 2018/2019 budget presented last week involves the creation of a National Housing Development Fund, which is expected to offer

Affordable Green Housing For Nigeria

An estimated 80% of Nigerians live in indecent, informal housing structures with no basic amenities and in deplorable conditions. Only few own the house that they live in. Chinwe Ohajuruka set out to prove to the Nigerian authorities and to communities in Port Harcourt in

A Comparative Analysis of Housing Indicators in China and Nigeria

In our previous review of “Nigeria’s journey towards sustainable housing provision”, we highlighted several housing indicators in the areas of housing deficit, mortgage interest rate, mortgage down payment rate and repayment period, policy reforms, cost of housing, which were used to explain the current state

Africa needs $170bn annually to meet infrastructure requirement – AfDB

The African Development Bank (AfDB) says Africa needs about one hundred and seventy billion dollars annually to meet its infrastructure requirement. Get your daily housing news on your mobile phone : Download from goggle playstore Now Prof. Vincent Nmehielle, Secretary General of the bank disclosed

CBN Seals $2.5bn Currency Swap with China’s Central Bank

Obinna Chima The Central Bank of Nigeria (CBN) has signed a $2.5 billion bilateral currency swap with the Peoples Bank of China (PBoC). READ:ABUJA INTERNATIONAL HOUSING SHOW – THE LARGEST HOUSING AND CONSTRUCTION EXPO IN WEST AFRICA Confirming the swap, which has taken two years

8th Global Housing Finance Conference

The World Bank Group will hold its 8th Global Housing Finance Conference on May 30 – June 1, 2018. The theme of the conference is “Breaking the Mold – New Ideas for Financing Affordable Housing” and we will explore innovative ideas around the role housing

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