African breaking housing news
Here are some recent breaking news stories related to housing in Africa:
1. Kenya: Affordable Housing Scheme Launched
The Kenyan government has launched an affordable housing scheme aimed at providing low-cost housing to low-income earners. The scheme, which is expected to benefit over 500,000 households, will provide housing units at a cost of KES 3 million (approximately USD 30,000) per unit. [Source: The Star]
2. South Africa: Housing Market Sees Slight Recovery
The South African housing market has shown signs of recovery, with property prices and sales volumes increasing slightly in recent months. The recovery is attributed to government initiatives aimed at stimulating the economy and improving housing affordability. [Source: Business Day]
3. Nigeria: Lagos State Government to Build 10,000 Housing Units
The Lagos State Government has announced plans to build 10,000 housing units in the state to address the housing shortage. The project, which is expected to be completed in three years, will provide affordable housing to low-income earners. [Source: Vanguard]
4. Ghana: Government to Provide Affordable Housing to Low-Income Earners
The Ghanaian government has launched a program aimed at providing affordable housing to low-income earners. The program, which is expected to benefit over 100,000 households, will provide housing units at a cost of GHS 10,000 (approximately USD 1,800) per unit. [Source: Ghana Web]
5. Morocco: Marrakech to Host International Housing Conference
The city of Marrakech in Morocco will host the International Housing Conference in November, which will bring together experts and stakeholders from around the world to discuss housing issues and solutions. The conference will focus on affordable housing, urban planning, and sustainable development. [Source: Morocco World News]
6. Egypt: Government to Provide Subsidized Housing to Low-Income Families
The Egyptian government has announced plans to provide subsidized housing to low-income families. The program, which is expected to benefit over 100,000 families, will provide housing units at a cost of EGP 500,000 (approximately USD 30,000) per unit. [Source: Egypt Today]
7. Tanzania: Dar es Salaam to Host International Housing Expo
The city of Dar es Salaam in Tanzania will host the International Housing Expo in October, which will showcase the latest housing developments and innovations in the country. The expo will also provide a platform for stakeholders to discuss housing issues and solutions. [Source: The Citizen]
These are just a few of the latest breaking news stories related to housing in Africa.