Real Estate

In Africa, residential property investment in the long-term has achieved remarkable success over the last few years. Due to this increasing effect, many risks are constantly rising as well. The main reason for this attraction of investing in rental property is mainly due to the capital growth and the average income usually delivered to an investor for investing in residential property. If you were to...

The increased population of Africa demands a better quality of residential as well as commercial infra-structures. The advancement in the technological sector has made it easier for businesses to impact the whole real estate domain positively. Advanced technology has allowed real estate, more specifically buyers, to have a broader spectrum while investing in the sector. Africa is considered one of...

Rwanda is a country full of people everywhere. There is a huge population in Rwanda, and it is one of the most densely populated countries in Africa.  The figures are shown by the surveys conducted by Household Living Conditions back in 2016 and 2017, almost 38.2% of Rwandans are living below the poverty line. The population living in urban areas is just 18.4% of the total population. And the experts...

The Vision City Housing project has sold around 80% of the target houses, observed Regis Rugemanshuro, who is the current Director-General of the board of Social Security in Rwanda. Rugemanshuro spoke about the development on September 22, 2020, on Tuesday, in an online public accounts committee meeting. The meeting was held to address the issues about the financial report issued by the Auditor General...

It was revealed to industry players during a lecture arranged in Kigali City entitled "Dynamics of Commercial Real Estate Market of Kigali" that 10 percent of Kigali's commercial real estate developers sought government intervention to boost their feasibility of their projects. The event consisted of city authorities, stakeholders, and others. Senior Research Fellow at IPAR-Rwanda, Dickson Malunda,...

“You will always need to create strong ties among the Public and Private Partnerships to develop a successful real state environment”, learned industry players on Monday. A meeting was called out in Kigali where Walid Moussa, who is the acting president of the FIABC, was present along with other stakeholders belonging to the Rwanda real estate industry. This meeting was organized to attract...

As the drastic effects of the Covid ’19 virus hit worldwide, it has impacted everyone no matter what race, class, or region. CNBC Africa spoke to the Director of Project and Property management, Paul Rwigwamba asking him about the impact and future implications the coronavirus could have on the Real Estate sector in Rwanda. According to Paul, the Real Estate sector has seen a rapid boost in Rwanda...

Despite the breaking Genocide news in 1994 that left over a million Rwandans dead and thousands of orphaned children and widows, Rwanda has made significant steps of development. Various sectors including manufacturing, housing, and rural settlement, infrastructure and urbanization have been steadily growing. This has benefited the Rwandan community and boosted the country’s economy to new...

Rwanda: Real Estate Industry among the major Sectors propelling Economic Growth Last year, Rwanda posted an increase in economic growth mainly contributed to increased growth in the service sector, especially the real estate industry. This is according to a report released by the National Institute of Statistics of Rwanda (NISR). The economy grew by 6.0 percent exceeding the initial forecasted growth...

The steadily growing real estate sector of Kigali was one of the major contributors to the economic growth of Rwanda last year. The sector contributed about 8 percent to the national GDP growth in the fourth quarter of 2017. The real estate services including the sale and occupancy of homes recorded a growth of 5 percent last year, according to reports by the National Institute of Statistics of Rwanda...