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[ Eldoret Town, KENYA ] Sergoit Golf and Wildlife Resorts is situated in Eldoret Town in Uasin Gishi County. Sergoit means good luck ahead in Kalenjin. A project of Sergoit Holdings Limited. The company behind the project says it will be built in four phases. It will entail over 2,000...
[ Lagos, NIGERIA ] A first phase of Nasco Town, a master-planned community in the Amuwo Odifin Local Government Area of Lagos State, is mobilizing for development. The planned community initially included 3 million square meters of development area. The Orile-Badagry Expressway expansion has provided an impetus to this project, and...
[ Cairo, EGYPT ] In October 2012, Citadel Capital was ranked as the largest private equity firm active in Africa, according to the annual Private Equity International 300 ranking. The 2012 honor was the firm’s 4th year of consecutive #1 rankings. The private equity firm’s major African deals include...
[ Nairobi, KENYA ] Actis, a private equity fund with a large presence in global emerging markets, has organized a $278 million investment fund to augment the $300 million of Actis-sponsored investments to-date in Africa. According to this Actis website, the firm has $5.0 billion under management in emerging markets,...
[ Konza (Machakos County), Eastern Province KENYA ] Konza Technology City is a “state-sponsored technology community to be situated on a 5,000-acre parcel of land. Konza Technology City is expected to be the center of business process outsourcing (“BPO”) activity and software development in the region. The project is dubbed...
[ Cornubia, SOUTH AFRICA ] Investec Property will be among the first developers to break ground within Cornubia, a large-scale master-planned community in South Africa. Investec is proceeding with architectural plans for a 90,000 square meter shopping center at Cornubia. Company reports indicate that the mall will feature an...
[ Kyalami, SOUTH AFRICA ] The Atterbury project, known as Waterfall Business Estate, is a $3 billion mixed-use development, to include some 17 million square feet to be built on 815 acres over a projected 14-year period. The project is located in Kyalami (South Africa) on both sides of N1...
[ Nairobi, KENYA ] Actis, a private equity firm, has announced its investment in Garden City, a 32-acre mixed-use development along the Nairobi-Thika Superhighway in Nairobi (Kenya). The $150 million project will include a 50,000 square meter shopping mall – the largest retail mall in East Africa – along with...
[ Las Vegas, Nevada USA ] International real estate news service, Global Players Brief®, provides free listings for government and other public sector tenders, requests for proposals, requests for qualifications, expressions of interest, and the like. Listing can include either accompanying documents or a link to the agency’s own website....
[ Lagos, NIGERIA ] StoneCreek Partners announced today the formation of StoneCreek Partners (Africa), a strategic alliance represented by real estate and hospitality veteran, Baxter Slaton. StoneCreek Partners (Africa) will offer the same owner representation, feasibility, and development services, as the firm provides to clients in other locations. Baxter Slaton is a...
[ Nairobi, KENYA ] Tatu City is a 2,400-acre master-planned new town, located in Ruiru outside of Nairobi (Kenya) about 25 minutes from Jomo Kenyatta International Airport. Dubbed by its developer, “Africa’s city of the future”, at build-out Tatu City will be home to more than 70,000 residents and 30,000...
[ Abu Dhabi, UAE ] Sovereign wealth fund “Invest AD” has signed a memorandum of understanding with South Korea’s Ministry of Land, Transport and Maritime Affairs. Invest AD is a sovereign wealth fund worth 520 million U.S. dollars that is owned by the Abu Dhabi government with a mission to invest...
1,200 hectares of land next to Victoria Falls has been acquired and committed to by the government in Zimbabwe for development of a tourism park. The park is to include a convention center, casinos, and shopping malls, among other facilities. The first phase will be included on approximately 80 hectares, and is...
The Delta Leisure Resort – a theme park and destination resort – is now under construction, to be located at Oleri Village, Udu LG, Warri City (Delta State, Nigeria). Ground breaking for the project was held in April 2012. The 150-hectare theme park and resort will reflect the culture...
[ Abuja, NIGERIA ] The planned city of Abuja is the capital city of Nigeria, situated within the nation’s Federal Capital Territory (“FCT”), located roughtly at the country’s center. The Federal Capital Territory has a land area of 8,000 square kilometres, which is two and halftimes the size of Lagos,...
