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	<title>realestatenews - Housing TV Africa</title>
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	<description>24/7 Breaking News, Housing News, Real Estate News, Mortgage News, Construction news, Property News</description>
	<lastBuildDate>Thu, 31 Oct 2024 11:45:51 +0000</lastBuildDate>
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	<title>realestatenews - Housing TV Africa</title>
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		<title>Severe Flooding Engulfs Homes in Anambra Communities</title>
		<link>https://www.housingtvafrica.com/severe-flooding-engulfs-homes-in-anambra-communities/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=severe-flooding-engulfs-homes-in-anambra-communities</link>
		
		<dc:creator><![CDATA[Housing TV Africa News Desk]]></dc:creator>
		<pubDate>Thu, 31 Oct 2024 11:45:51 +0000</pubDate>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[Anambra]]></category>
		<category><![CDATA[Flooding]]></category>
		<category><![CDATA[HousingNews]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[propertynews]]></category>
		<category><![CDATA[realestatenews]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=13920</guid>

					<description><![CDATA[<p><img width="700" height="438" src="https://www.housingtvafrica.com/wp-content/uploads/2024/10/flood-e1730375089501.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Heavy flooding" decoding="async" /></p>
<p>Heavy flooding has inundated numerous homes in five local government areas across Anambra State, driven by rising water levels from the River Niger and associated activities. The affected areas include Anambra West, Anambra East, Ogbaru, Awka North, and Ayamelum. Social media is awash with videos and images showing residents, including children, navigating through floodwaters, with [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/severe-flooding-engulfs-homes-in-anambra-communities/">Severe Flooding Engulfs Homes in Anambra Communities</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h4>Heavy flooding has inundated numerous homes in five local government areas across Anambra State, driven by rising water levels from the River Niger and associated activities.</h4>
<p>The affected areas include Anambra West, Anambra East, Ogbaru, Awka North, and Ayamelum.</p>
<p>Social media is awash with videos and images showing residents, including children, navigating through floodwaters, with many houses, markets, churches, schools, and other facilities submerged. In one video, Nnoru Anaekwe, a resident from the hard-hit community of Mmiata-Anam in Anambra West LGA, described how residents now rely on wooden canoes to travel as significant portions of their community remain underwater.</p>
<figure id="attachment_13837" aria-describedby="caption-attachment-13837" style="width: 300px" class="wp-caption alignnone"><img fetchpriority="high" decoding="async" class="size-medium wp-image-13837" src="https://www.housingtvafrica.com/wp-content/uploads/2024/10/WhatsApp-Image-2024-10-28-at-7.52.04-PM-1-300x300.jpeg" alt="AFRICA HOUSING AWARDS" width="300" height="300" srcset="https://www.housingtvafrica.com/wp-content/uploads/2024/10/WhatsApp-Image-2024-10-28-at-7.52.04-PM-1-300x300.jpeg 300w, https://www.housingtvafrica.com/wp-content/uploads/2024/10/WhatsApp-Image-2024-10-28-at-7.52.04-PM-1-150x150.jpeg 150w, https://www.housingtvafrica.com/wp-content/uploads/2024/10/WhatsApp-Image-2024-10-28-at-7.52.04-PM-1-768x768.jpeg 768w, https://www.housingtvafrica.com/wp-content/uploads/2024/10/WhatsApp-Image-2024-10-28-at-7.52.04-PM-1.jpeg 800w" sizes="(max-width: 300px) 100vw, 300px" /><figcaption id="caption-attachment-13837" class="wp-caption-text">AFRICA HOUSING AWARDS</figcaption></figure>
<p>Another clip featured Mrs. Edith Ndive, Deputy Local Government Chairman of Anambra West, paddling in a canoe towards her home. Additional footage depicted submerged school buildings and children swimming and paddling canoes through the floodwaters.</p>
<p>This region is still recovering from a tragic incident in 2023, when over 40 individuals, primarily women and children fleeing to safer areas, lost their lives in a boat accident caused by rising waters that struck a bridge.</p>
<p>READ ALSO: <a href="https://www.housingtvafrica.com/ekiti-governor-warns-developers-against-building-on-waterways-amid-flooding-concerns/">Ekiti Governor Warns Developers Against Building on Waterways Amid Flooding Concerns</a></p>
<p>Responding to the crisis, State Commissioner for Environment Felix Odimegwu confirmed that the government is aware of the situation and has begun implementing necessary interventions. He noted that water levels have increased in recent weeks and the situation is under continuous monitoring.</p>
<p>“The Anambra State Government Flood Management Team, alongside personnel from NEMA, SEMA, the International Organisation for Migration, and the Red Cross Society, is actively collecting data at Internally Displaced Persons (IDP) camps,” he said.</p>
<p>Odimegwu reported that the state has activated 27 camps to accommodate those displaced by the flooding and has begun distributing relief materials, including over 2,400 cartons of food items, to the affected local government areas.</p>
<p>“Thanks to our preparations and early warning systems, many residents have relocated to higher ground or sought refuge with relatives,” he added. &#8220;We are also receiving additional supplies, including bags of beans and rice from the Church of Jesus Christ of Latter-day Saints, which will be distributed shortly.&#8221;</p>
<p>The commissioner emphasized that while the exact number of displaced individuals remains unclear, efforts are underway to gather accurate data and provide essential support.</p>
<p>The post <a href="https://www.housingtvafrica.com/severe-flooding-engulfs-homes-in-anambra-communities/">Severe Flooding Engulfs Homes in Anambra Communities</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<item>
		<title>IFC Loans $250 Million to FirstRand for Sustainable Housing</title>
		<link>https://www.housingtvafrica.com/ifc-loans-250-million-to-firstrand-for-sustainable-housing/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ifc-loans-250-million-to-firstrand-for-sustainable-housing</link>
		
		<dc:creator><![CDATA[Housing TV Africa News Desk]]></dc:creator>
		<pubDate>Mon, 27 May 2024 18:48:02 +0000</pubDate>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[FirstRand]]></category>
		<category><![CDATA[HousingNews]]></category>
		<category><![CDATA[International Finance Corporation (IFC)]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[property news]]></category>
		<category><![CDATA[realestatenews]]></category>
		<category><![CDATA[trending news]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=9942</guid>

					<description><![CDATA[<p><img width="700" height="466" src="https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-05-27-at-1.45.47-PM.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="The World Bank’s private investment arm, the International Finance Corporation (IFC), has announced a $250 million loan to South African lender FirstRand Ltd" decoding="async" /></p>
<p>The World Bank’s private investment arm, the International Finance Corporation (IFC), has announced a $250 million loan to South African lender FirstRand Ltd. aimed at boosting loans for green buildings. The funding package includes an IFC loan of up to $200 million and an additional $50 million from the Managed Co-Lending Portfolio Program, an IFC [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/ifc-loans-250-million-to-firstrand-for-sustainable-housing/">IFC Loans $250 Million to FirstRand for Sustainable Housing</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h4>The World Bank’s private investment arm, the <a href="https://www.ifc.org/en/home">International Finance Corporation (IFC)</a>, has announced a $250 million loan to South African lender FirstRand Ltd. aimed at boosting loans for green buildings.</h4>
<p>The funding package includes an IFC loan of up to $200 million and an additional $50 million from the Managed Co-Lending Portfolio Program, an <a href="https://www.ifc.org/en/home">IFC</a> syndication platform for institutional investors, according to a joint statement released on Monday.</p>
<p>A portion of the funds will be earmarked specifically for the affordable housing sector and to support women, the statement added. This initiative aligns with South Africa&#8217;s broader environmental and social objectives.</p>
<p><img loading="lazy" loading="lazy" decoding="async" class="alignnone size-medium wp-image-9557" src="https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1-300x111.jpeg" alt="" width="300" height="111" srcset="https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1-300x111.jpeg 300w, https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1-1024x379.jpeg 1024w, https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1-768x284.jpeg 768w, https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1-860x318.jpeg 860w, https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1.jpeg 1280w" sizes="auto, (max-width: 300px) 100vw, 300px" /></p>
<p>“IFC’s partnership with FirstRand will not only provide vital funding for access to housing but also expand green-certified construction loans and home mortgages in South Africa, helping the housing sector become more climate-friendly and resilient,” said Cláudia Conceição, IFC Regional Director for Southern Africa, in an emailed statement.</p>
<p>READ ALSO: <a href="https://www.housingtvafrica.com/green-building-council-nigeria-and-ifc-to-host-major-climate-resilience-summit/">Green Building Council Nigeria and IFC to Host Major Climate Resilience Summit</a></p>
<p>As part of this agreement, <a href="https://www.ifc.org/en/home">IFC</a> will offer capacity-building support to FirstRand’s appraisers, loan officers, internal teams, and construction partners. Additionally, the IFC will provide advisory services on product development to enhance the bank’s offerings.</p>
<p>This financial injection is anticipated to bolster South Africa&#8217;s efforts to reduce greenhouse gas emissions by 42% by 2025, with a significant focus on green buildings as a key component of the nation&#8217;s climate strategy.</p>
<p>The post <a href="https://www.housingtvafrica.com/ifc-loans-250-million-to-firstrand-for-sustainable-housing/">IFC Loans $250 Million to FirstRand for Sustainable Housing</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<item>
		<title>Demolition of Buildings &#8211; Lagosians Horrible Nightmare</title>
		<link>https://www.housingtvafrica.com/demolition-of-buildings-lagosians-horrible-nightmare/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=demolition-of-buildings-lagosians-horrible-nightmare</link>
		
		<dc:creator><![CDATA[Housing TV Africa News Desk]]></dc:creator>
		<pubDate>Tue, 21 May 2024 07:12:24 +0000</pubDate>
				<category><![CDATA[Demolition]]></category>
		<category><![CDATA[HousingNews]]></category>
		<category><![CDATA[Lagos State]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[property news]]></category>
		<category><![CDATA[realestatenews]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=9703</guid>

					<description><![CDATA[<p><img width="622" height="350" src="https://www.housingtvafrica.com/wp-content/uploads/2024/05/ABULE-EGBA-DEMOLITION.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>As demolition of buildings continue in Lagos, a lot of people now live in fear, they are afraid of sleeping and waking up to demolition of their houses, Lagosian no longer sleep with their two eyes closed. The Government of Lagos state led by his Excellency Governor Sanwo Olu, has issued a warning to residents [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/demolition-of-buildings-lagosians-horrible-nightmare/">Demolition of Buildings &#8211; Lagosians Horrible Nightmare</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h4>As <a href="https://en.wikipedia.org/wiki/Demolition">demolition of buildings</a> continue in Lagos, a lot of people now live in fear, they are afraid of sleeping and waking up to demolition of their houses, Lagosian no longer sleep with their two eyes closed.</h4>
<p>The Government of Lagos state led by his <a href="https://en.wikipedia.org/wiki/Babajide_Sanwo-Olu">Excellency Governor Sanwo Olu</a>, has issued a warning to residents of Lagos whose houses are cited illegally asking them to evacuate the premises within a ninety days notice period.</p>
<p>However, the recent demolition of structures at Arowojobe and Mende in Maryland, Lagos state by the Government sparked an outrage amongst people living in Lagos; people affected alleged that they were given only two hours notice before the exercise was executed.</p>
<p><img loading="lazy" loading="lazy" decoding="async" class="alignnone size-medium wp-image-9557" src="https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1-300x111.jpeg" alt="" width="300" height="111" srcset="https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1-300x111.jpeg 300w, https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1-1024x379.jpeg 1024w, https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1-768x284.jpeg 768w, https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1-860x318.jpeg 860w, https://www.housingtvafrica.com/wp-content/uploads/2024/05/WhatsApp-Image-2024-04-27-at-6.47.30-AM-1.jpeg 1280w" sizes="auto, (max-width: 300px) 100vw, 300px" /></p>
<p>Government said that the exercise was done with the motive to reclaim Odo-Iya Alaro channel’s right of way, to give room for free flow of rainwater.</p>
<p>According to the Lagos state commissioner for environment and water resources, Tokunbo Wahab, the demolitions were due to developers encroaching on approved setbacks, which results to obstruction on rain water flow.</p>
<p>Tokunbo debunked in his ‘X’ handle formerly ‘Twitter ‘ the allegation that the Government gave just two hours notice to residents, he said that residents received first demolition notice in 2021 and the final warning in November 2023.</p>
<p>READ ALSO: <a href="https://www.housingtvafrica.com/fcta-marks-500-illegal-structures-for-demolition-in-abuja/">FCTA Marks 500 Illegal Structures for Demolition in Abuja</a></p>
<p>In his words, ‘’The instruction to immediately continue to remove the structures in all the alignment has been given to the enforcement team after the first notice to remove was served in 2021 and the last notice was serve in November 2023 after meeting with the stakeholder’’</p>
<p>In similar vein, the Lagos State Government has threatened demolition of unapproved houses in Lekki, Etiosa Local Government area, the commissioner for Physical Planning and Urban Development, Dr. Olumide Oluyinka disclosed that many buildings in Ibeju Lekki axis are wrongly cited and risk demolition, according to her, 80% of buildings in the area does not comply with the Lagos state’s master plan.</p>
<p>READ ALSO: <a href="https://www.housingtvafrica.com/onitsha-sand-miners-demand-justice-after-demolition-of-mining-sites/">Onitsha Sand Miners Demand Justice After Demolition of Mining Sites</a><br />
This revelation has put Lekki residents and property owners on their toes, as they fear what fate awaits them.</p>
<p>Joy Ehkator, a trader who lives and owns a property in Jakande Lekki, narrated her concerns about the threatened demolition to news men, she said that ever since the shocking revelation was made about Lekki buildings,she and her family has known no peace, the thought of being homeless, the fear of not knowing where to run to and not being able to navigate the hardship that could come with it, has stolen their sleep.</p>
<p>In her words ‘’ I and my family no longer sleep with our two eyes closed since the Government threatened to demolish buildings in Lekki, we have lived in Lekki for two decades and do not know where to run to if our only home is demolished, the house we live in is the only property we acquired in the two decades we spent hustling in Lagos State’’</p>
<p>Between 2023 and 2024, Lagos state Government has carried out demolition exercise in places like, Abulado, Ajao estate, Mangodo, Ijora Under-Bridge, Obalende Under-Bridge, Maryland, according to them; these actions were taken to alleviate the environmental and public health issues steaming from these informal settlements.</p>
<p>The post <a href="https://www.housingtvafrica.com/demolition-of-buildings-lagosians-horrible-nightmare/">Demolition of Buildings &#8211; Lagosians Horrible Nightmare</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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