By Daniel Kanu
In a bid to unlock Africa’s multi-milliondollar real estate market, Nedcomoaks Group, Nigeria, and Citadel Estates & Utilities, UK, have announced a strategic partnership to boost real estate sector.
The partnership comes ahead of the ‘Invest in Africa Summit 2025’, scheduled to be held in London on March 15 and Manchester on March 22, 2025.
The summit, organised by Nedcomoaks, aims to attract diaspora investment, facilitate wealth creation, and promote sustainable development in Africa’s booming property market.
The summit organisers in a chat with Sunday Sun, disclosed that the event is the second in the series of conferences organised to stimulate conversation on action towards growing Africa’s real estate sector, with its first edition garnering over 450 delegates.
They noted further: It also aims to serve as a platform for diaspora investment, wealth creation, and sustainable development in Africa’s booming property market.”
While explaining further about the summit, to Sunday Sun, Kennedy Okonkwo, Chief Executive Officer of the Nedcomoaks Group who is also the Convener of the Summit, highlighted the potential of Africa’s real estate sector for immense growth, presenting lucrative opportunities for wealth creation.
Said Okonkwo: “The Invest in Africa Summit is more than just an event; it’s a movement towards economic empowerment and sustainable development. Africa’s real estate sector is on an upward trajectory, presenting immense opportunities for wealth creation.
“By bridging the gap between the diaspora and investment opportunities back home, we are not just facilitating transactions; we are building legacies and reshaping the African investment narrative.
“We are thrilled to welcome some of the most influential policymakers and business leaders to share insights and strategies that will drive growth and prosperity.
Also, commenting on the partnership, Group Deputy Managing Director, Nedcomoaks Group, Mrs Ichechi Okonkwo, noted that, “Our collaboration with Citadel Estates & Utilities demonstrates our shared commitment to bridging international capital with local market expertise.
“Participants will have the opportunity to engage in networking sessions with industry experts, policymakers, and investors, as well as attend panel discussions on housing development, financing, and economic policies. Mortgage and financing options tailored for diaspora investors will also be explored, alongside updates on government initiatives designed to attract international investment.”
The organisers disclosed further that “The event will feature an impressive lineup of influential policymakers, business leaders, and real estate executives, including, Lagos State Commissioner for Housing and Works, Fatai Moruf Akinderu; Special Adviser to Lagos State Governor on E-GIS and Urban Development, Dr Olajide Abiodun Babatunde, MD/CEO of Imperial Homes Mortgage Bank, Ayo Olowokere, MD/CEO of Prestigious Homes Limited, Akintola Oladejo, MD/CEO Lagos Building Investment Company PIL (LBIC), and the Lagos State Commissioner for Trade & Investment, Mrs Folashade Ambrose-Medebem.
“Others include, Lagos State Commissioner for Tourism, Mrs Toke Awoyinka, Chairman/CEO of Periwinkle Residences Limited, Dr Chiedu Nweke; MD, Haven Homes, Ufouma Ilesanmi; CEO, Haven Homes, Tayo Sonuga; MD/CEO of Carrillion Consultants Limited, Engr Abidemi Amusa; Group CEO of Zylus Group International, Dr Olatujoye Oluwatosin; Chairman and CEO Air Peace, Allen Onyema; MD/CEO.