Real estate professionals have stressed the need for stable political leadership to drive investment in infrastructure, enhance innovation, and advance property technology across Africa.
Speaking at the 2025 Pan-African Real Estate webinar, organized by the Lagos branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), experts called for streamlined property acquisition processes, improved project financing, and better access to market information.
NIESV President, Victor Alonge, highlighted the sector’s potential to boost employment, government revenue, and personal income. He emphasized the need to study successful real estate markets like South Africa to replicate their growth strategies across the continent.
Swindon Property Group’s Geoff Kruger noted that Africa’s growing middle class—especially in Nigeria, South Africa, Ghana, and Kenya—is fueling demand for housing, office spaces, and retail. He pointed to increased foreign investment and urbanization as key growth drivers.
John Mbu of SCI Bethel Invest, Cote d’Ivoire, urged governments to introduce tax incentives, simplify land access, and provide special funding for real estate projects. He emphasized real estate’s role in generating tax revenue and creating employment.
Meanwhile, Rwanda’s Bonaventure Munyabugingo called for visa restrictions to be eased among African nations to boost real estate investments. He also advocated for systematic land registration to enable middle and lower-class citizens to leverage their properties for bank loans.
Experts agreed that Africa’s real estate sector holds immense potential but requires strong government policies, infrastructure investment, and professional collaboration to thrive.
