Top 5 African Entrepreneurs in Residential Real Estate

Building homes in Africa is more than construction; it’s about transforming communities and creating lasting impact. These five entrepreneurs are leading the way in residential real estate, shaping skylines and improving lives across the continent.

Here are top 5 African entrepreneurs in residential real estate:

– Kennedy Okonkwo (Nigeria): Founder and CEO of Nedcomoaks Limited, Okonkwo is a prominent figure in Nigeria’s real estate sector. His company develops high-quality residential properties, significantly addressing the country’s housing deficit.

– Rali Mampeule (South Africa): As the founder of the African Housing and Infrastructure Fund (AHIF), Mampeule focuses on providing affordable housing solutions. His initiatives aim to improve living standards and promote sustainable development.

– Ruth Obih (Nigeria): Obih is the founder and CEO of 3Invest, a real estate investment company. She is recognized for her contributions to the Nigerian market, focusing on sustainable and innovative housing solutions.

– Noah Ibrahim (Nigeria): Ibrahim is the CEO of Novarick Homes, committed to creating greener, smarter communities. His work emphasizes environmental sustainability alongside modern living standards.

– Peter Bakare (Nigeria): Founder of Bankz Homes, Bakare has been instrumental in revolutionizing the Nigerian real estate market. His company provides affordable housing solutions and is known for its innovative approach.

These entrepreneurs exemplify leadership and innovation in Africa’s residential real estate sector, driving growth and improving living conditions across the continent.

This ranking is based on each entrepreneur’s impact on residential real estate development, sector leadership, and contributions to addressing housing challenges in their countries. Data was sourced from verified media profiles, company announcements, and industry reports as of September 2025.

Image Credit: Construction 21

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