Abakozi barenga 7000 bamaze gusaba kubakirwa inzu ziciriritse
Umukozi aho ava akagera, mu bimuhangayika ntihaburamo kutagira icumbi, agahora yimukana umuryango mu bukode, anahangayishijwe n’umushahara we agomba guhaho nyir’inzu.
Foreign contractors scramble for a slice of Rwanda construction boom
Regional and foreign multinational contractors like China Construction, Strabag International, Roko Fair Construction, Seyani Brothers & Co. among others, have flocked to Rwanda to play game. The stakes have been raised by the prospects of a fat paycheck based on the high demand for modern infrastructure in the country. Local players, will not have their cake and eat it despite having full backing and promotion by the government.
Deloitte analysis shows Africa receives less than 1% of global investments in Commercial Real Estate
A global survey by auditing firm Deloitte on global investments in commercial real estate (CRE) has revealed that Africa receives less than one percent of the global capital invested in commercial property.
According to the survey, US, Hong Kong, and China are the most favored commercial real estate markets.
SouRwanda’s tech hub, Kigali Innovation City receives signs deal for financing and development
Rwanda’s tech hub Kigali Innovation City (KIC) is set to take shape following a deal that will see the KIC project receive financing from Africa50. Following the signing of a deal between Rwanda and Africa50, Africa50 will finance and develop the “Digital Innovation Precinct”, including commercial and retail complexes, as part of KIC.
US firm wins contract to equip Nairobi’s Global Trade Centre
NASDAQ listed firm, KONE Corporation which deals in elevators and escalators for skyscrapers, has won an order to provide elevators for the Global Trade Centre, a mixed-use high-rise development near the central business district of Nairobi, Kenya.
City of Kigali to auction prime properties to fund projects
The City of Kigali is planning to auction four plots of land located in the prime area of Kiyovu in Nyarugenge District as it seeks to raise funds to finance some of its unspecified projects.
Africa50 signs agreement to help develop Kigali Innovation City in Rwanda
JOHANNESBURG - Africa50, the pan-African infrastructure investment platform, on Friday signed an agreement with the Republic of Rwanda to develop and finance a “Digital Innovation Precinct”, including commercial and retail complexes, as part of Kigali Innovation City (KIC).
Real estate investments need a systematic approach
The last few weeks have seen an upsurge in queries about real estate investments in Kigali. The increased interest comes from both individuals and entities with a view to diversify their portfolio.
Upsurges such as this are always exciting to those of us who work to professionalise the real estate industry.
Rwanda Action Plan Aims to Make Cities Green
An ambitious programme aimed at developing six green secondary cities in Rwanda is underway and is expected to help this East African country achieve sustainable economic growth through energy efficiency and green job creation.
Blockchain on the Cusp of Revolutionising Housing
Digital planning tools are on the cusp of systematic adoption by councils and metropolitan planning agencies around the world looking to do away with long-standing inefficiencies through data-driven city planning.
Estate Intel is helping the commercial property industry in Africa make data-driven decisions
In the Jones Lang LaSalle 2018 Global Real-Estate Transparency index (PDF), which tracks the ease and confidence investors have in buying commercial real estate in a given country, the highest ranking African country is South Africa in the 21st place out of 100 countries, with Botswana coming next in the 45th. Other African countries fall within the bottom half of the index.
How better transparency can reshape Africa’s real estate
Across Africa, demand is growing for greater transparency in its real estate markets – and if new digital and regulatory initiatives are successful, they will potentially have big implications for investor confidence, economic development and a better quality of life.
Govt to spend Rwf4.5bn on expropriating properties on Sonatubes-Gahanga road
Activities to expand the road from Sonatubes (Kicukiro) to Akagera Bridge (ex-Nyabarongo) through Gahanga town will start next month
A valuation exercise is already underway to determine how much will be paid to owners of properties to be affected by the works.
Carnegie Mellon University Rwanda Campus Worth US$10M Completed
Entering the gates of the Kigali Special Economic Zone, one immediately faces one of the features of the facility; the recently completed Carnegie Mellon University-Africa campus.
Local and international developers turn to Rwanda’s affordable housing projects
Rwanda housing sector is filled with activity aimed at providing affordable homes to its citizens and offering opportunities for local and international developers. An increasing number of developers are embracing the affordable housing prospects set at play by the government of Rwanda.
Eight families that lived in high-risk zone have been given above in a newly built housing block located in Nyakabingo Village of Kimisagara sector in Nyarugenge District.
This is part of the move to get residents out of harm’s way without necessarily having to move them from their land.
The project dubbed 8in1 Affordable Housing Demonstration Block was designed and implemented by Skat Consulting Ltd in partnership with Rwanda Housing Authority.
Ibiciro by’inzu zo guturamo mu mudugudu uzwi nka Vision City, byagabanyijweho 60% ku bakozi ba leta bakeneye inzu zo guturamo zijyanye n’icyiciro bariho.
Izi nyubako ziherereye i Gacuriro mu Karere ka Gasabo.
Prices for apartments at the plush Vision City estate in Kigali’s upscale neighborhood of Gaculiro have dropped by 60 percent exclusively for public servants who seek to own their first homes and are at a grade not above the head of department or equivalent.
The development was announced Monday by the Rwanda Development Board and Ultimate Developers Ltd (UDL),
Bamwe mu baturage bo mu mujyi wa Kigali,baravuga ko mu gushyiraho igishushanyo mbonera cy’uyu mujyi bakwiye kubimenyeshwa bakagishwa inama cyangwa se bagateguzwa mbere y’igihe, kuko akenshi bahura n’imbogamizi z’uko batanyurwa n’ingurane bahabwa. Ni mu gihe kuri ubu umujyi wa Kigali ugaragaza ko mu ivugururwa ry’igishushanyo mbonera ibitekerezo by’abaturage aribyo bizagenderwaho.
Tanzania to Build 200,000 Affordable Houses Each Year
By Yvonne Andiva
Tanzania, East Africa’s most populated country plans to build 200,000 affordable homes each year in bid to curb housing shortage in the country.
