Affordability vs sustainability; the dilemma of green growth

Paulin Ruzibiza, a Civil Engineer and Managing Director at the Kigali Private and Consulting Company which carries out feasibility studies and project designs among other things — has been involved in major project designs for some roads around the city of Kigali.

One particular project he worked on was the demarcation of Sonatube-Bugesera Airport highway in 2012. And as per the city master plan, roads are required to have a certain width to allow pedestrian walkways and bicycle lanes.

Bugesera Airport to be among the greenest airports in Africa

Bugesera International Airport that is under construction is on track to receive a green certificate, making it the first in the region to acquire such.

This was confirmed at the ongoing Africa Green Growth Forum (AGGF) that started in Kigali on Monday.

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.

Mu mwaka ushize havuzwe ibarura ry’abakozi ba leta bifuza gufashwa kubakirwa inzu ziciriritse zo guturamo ariko Ikigo cy’Igihugu gishinzwe Imiturire (RHA) kivuga ko ari gahunda yagutse inareba n’abo mu bigo by’abikorera, aho abazabasha kubona izo kugura ari abinjiza agera ku bihumbi 200 Frw ku kwezi.

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.

“We are selling them purposely to generate money to finance other city projects,” Augustin Rwomushana, the Director of Urban Economic Development at the City of Kigali, said, adding that the law allows them to do so in case they want to raise funds.

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).

The announcement was made at a signing ceremony organised by Africa50 during the Africa Investment Forum in Johannesburg.

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.

According to a new research report released the Australian Housing and Urban Research Institute (AHURI), blockchain technology has the potential to dramatically transform the built environment and the social and private housing markets over the coming decades.

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.

It’s not just investors and corporates who are keen for change; around a billion people living across Sub-Saharan Africa could see a noticeable difference in their daily lives.

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.

According to authorities, over 320 properties will be affected and the City has earmarked Rwf4.5 billion for the expropriation exercise.

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.

With the support of the African Development Bank, it cost about US$10 million to complete the first phase of the construction of the American tech varsity campus, located in a sub-zone called the Kigali Innovation City in Gasabo district.

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.

Itangazo ryashyizwe ahagaragara n’Ikigo cy’Igihugu cy’Iterambere, RDB n’ikigo Ultimate Developers Ltd (UDL) gikurikirana uyu mushinga, rigaragaza ko abashyiriweho aya mahirwe ari abakozi ba leta batari ku rwego ruri hejuru y’Umuyobozi w’Ishami cyangwa urwego bingana.

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),

UDL is a real estate company fully owned by the Rwanda Social Security Board (RSSB). The company developed the Vision City housing project.