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Originally published by The Standard Business
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September 11, 2025
5h ago

Why tenants in Africa pay rent years in advance

Why tenants in Africa pay rent years in advance

In Nigeria, it is common as many properties are built on borrowed money...

✨ Key Highlights

Landlords in many West and East African countries are increasingly demanding advance rental payments, ranging from several months to even years. This trend is primarily driven by a severe shortage of affordable housing, which has created a landlord-dominated market.

  • Advance rent payments can range from several months to years.
  • The primary cause is a severe shortage of affordable housing.
  • This situation leads to a landlord-dominated market.

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