Cofundie, the authentic estate crowdfunding system, has introduced a strategic partnership with Appolonia City to build economical housing in Ghana.
As component of the partnership, Cofundie will crowd finance the advancement of housing in Appolonia Metropolis, Better Accra’s new metropolis, focused at lower-to-middle-income possible home owners.
The enhancement will make use of modern-day developing techniques that optimize area and components, which will lower the value of building and shipping.
The job is aimed at revolutionizing homeownership by bringing crowdfunding to serious estate by way of Cofundie’s platform, building it feasible for any individual with an world wide web link to participate in dependable serious estate assignments for as small as ¢1,500.
“We are fired up to launch our initially deal in collaboration with Appolonia Town,” said Chukwuemeka Ndukwe, Co-founder and CEO at Cofundie, whose traders contain MEST, the Africa-vast technological innovation entrepreneur coaching software, interior seed fund, and hub community by Meltwater, the media intelligence company.
Ndukwe continued, “We’ve been doing work really hard on the details to make certain it meets our significant expectations for transparency and accountability. For the initially time, anybody with an internet relationship can take part in superior-high quality genuine estate bargains.”
Jørn Lyseggen, Meltwater’s founder and CEO, who has followed Cofundie’s progress as a fellow entrepreneur, claimed, “We are proud of Cofundie’s progress because incubating with MEST.
“We are delighted to be an trader and imagine that this corporation will appreciably change the residence current market in Ghana and across West Africa.”
Appolonia Town CEO Brilliant Owusu-Amofah said, “Our mission is to build obtainable housing on a big scale, and our partnership with Cofundie, a household-grown West African e-commerce business, features an option but analyzed product to genuine estate financing. We are confident the 1st period will be well obtained, letting us to scale it up to assist far more folks develop into property owners.”
With much more than 500 households done or under construction, Appolonia Town carries on to entice new developments and is rapidly turning into the spot of selection for firms and persons shifting absent from Accra’s weighty traffic for a healthy, congestion-no cost environment.