Across Africa, the real estate ecosystem has become even more sophisticated to cater to the demands of smart homes in bridging housing deficits and at the same time saving the planet from the harsh impact of climate change.
According to the African Development Bank Biannual report, Africa’s economic growth have been projected to outpace global forecast between 2023 and 2024 with Gross Domestic Product (GDP) averaging 4 percent and the real estate sector has been identified as a sector poised to drive economic growth and development in the continent.
Hence, this list seeks to highlight the choicest 10 real estate developers with impactful strides in their respective countries on the continent.
Kenneth Sharpe – Zimbabwe
Kenneth Sharpe is the founder and CEO of West Property Zimbabwe, a leading property developer in Zimbabwe known for smart city projects, developing state of the art luxury homes and worldclass commercial properties within the Greater Harare Area with the target of ‘bringing Dubai to Zimbabwe’ and sinking a billion bricks by 2050 through futuristic projects that include construction of The Mall of Zimbabwe.
Giuseppe Plumari – South Africa
Giuseppe Plumari, is the CEO of Plumari Property Group and Steyn City Properties and has been in the real estate industry for 40 years. Mr Plumari is the force behind the success of Steyn City, a landmark development that has elevated lifestyle living in South Africa.
Udo Okonjo – Nigeria
Mrs Udo Okojo is a lawyer and Real Estate entrepreneur, one of Nigeria’s top CEOs, she is currently the Chief Executive Officer of Fine and Country West Africa, a leading international residential and commercial real estate development company with presence in over 300 cities globally.
Magued Sherif – Egypt
Magued Sherif is SODIC’s Managing Director which is of the most iconic real estate developer in North Africa. The company headquartered in Sheikh Zayed listed some of their top projects to include Beverly Hills in Sheikh Zayed City, The Estates in New Zayed, East SODIC in New Cairo and a host of others.
Soleman Idd – Somalia
Soleman Idd is a Somali entrepreneur with massive real estate development projects in Gabon and Rwanda through his company ADHI Corporate Group which was established in 2011 and recently partnered with the Rwanda government to build over 2500 housing units.
Frank Okosun -Nigeria
Frank Okosun is the Chief Executive Officer of Knight Frank Nigeria and has over 25 years experience is real estate. The real estate giant’s Nigeria base is headquartered in Lagos and has grown to be one of the largest firms of estate surveyors and valuers in Nigeria and across Sub-Saharan Africa.
Jahangir Tejani – Kenya
Jahangir Tejani is founder and CEO at Elegant Properties headquartered in Nairobi. The company is known for luxury and hospitality real estate developments in Kenya.
Gulaam Husain Abdoolan – Botswana
Gulaam Hussain Abdoola is the founder of Turnstar Holdings, a regional sub-Saharan African property loan stock company which he established in 2002 and is listed on the Botswana Stock Exchange and has an impressive property portfolio including residential properties and shopping malls.
Matthew Boadu Adjei – Ghana
Matthew Boadu Adjei is one of Ghana’s prominent real estate entrepreneurs. He is the founder of Whitewall Properties and he also serves on the board of Goldkey Properties.
Rali Mampeule – South Africa
Rali Mampeule is the founder of the South African Housing and Infrastructure Fund and has been involved in several property development projects in South Africa aimed at achieving affordable housing for many South African families. He is the first black South African to become a Real Estate executive in South Africa.