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Kenya Report
Marcopolis presents Kenya Report focused on topics such as investments, doing business, economy and regional integration, featuring interviews with Kenya's leaders. The sectors under review in this issue are agriculture, banking, energy, industry, telecom, IT, tourism, logistics and many more.
VideosSeptember 01, 2016
Dan Awendo Hopes to Deliver a Million Houses in Africa in the Next 10 Years
- Written by Sandra Francisco
- Published: September 01, 2016
Home Afrika is a property development company incorporated in 2008 and founded on key principles of “homes for all” and “economic empowerment”. Home Afrika seeks to create communities around Africa by providing quality, sustainable and affordable housing through long term positive societal impact. In July 2013, Home Afrika was listed on the Growth Enterprise market Segment (GEMS) on the Nairobi Securities Exchange (NSE). Currently implementing its “Go County” strategy, Home Afrika is involved in major projects in various Counties valued at over KES 20 billion.
Dan Awendo, Managing Director of Home Afrika, shares his vision for the future of the company in the next 2/3 years and beyond, saying his goal is to deliver a million houses in Africa in the long-term.
"We would like to deliver a million houses in Africa in the next ten years. That is an ambitious goal, but I think it is feasible if we focus on the low-income market. Therefore, within the next two to three years, our key efforts will be directed to completing our projects, as opposed to taking on new projects. Fundraising will be crucial in this next year in order to complete our projects, that would mean from 5.000 to 10.000 new houses. Then, going to the low-income market, we expect to deliver much more housing in a shorter period of time", says Dan Awendo.
