Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Launch of Comer Africa Real Estate(C.A.R.E.)  Join our daily free Newsletter

MENAFN Press - 10/04/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN Editorial) Comer Africa Real Estate (C.A.R.E.) today announced the launch of the joint venture which will become the leading developer of cities in Sub-Saharan Africa, on the same day as the UN sponsored 7th World Urban Forum launched its "Cities for Life" program calling for planned urban environments. Comer Africa Real Estate was founded by Comer Group, one of UK and Ireland's largest private real estate developers and house builders, along with African visionary, Ozwald Boateng's Made in Africa Foundation and corporation, the official partners of African Development Bank's Africa50 infrastructure initiative



The two founders have worked together for several years to bring Sub Sahara's largest planned urban regeneration site (150 acres) in the center of Kampala, Uganda, to fruition. In doing so they each recognized the opportunity for huge development impact and value creation of bringing modern, planned real estate development to the great cities of Sub-Saharan Africa



In addition to New Kampala, the C.A.R.E. team is securing a number of large scale development opportunities in other high growth African cities. They are in negotiation on sites in Ghana, Nigeria and Kenya amongst others. They will engage global talent such as internationally renowned African born architect, David Adjaye



Africa is not only the fastest growing economic zone globally, it also has the most rapid urbanization with a number of mega cities already forming. Nearly half the world's population growth between now and 2025 will be in Africa. For example the population of Lagos is set to double in the next fifteen years and by 2050, 60% of Africans will be living in cities




Joan Clos, Executive Director of UN Habitat, said: "No African government can afford to ignore the ongoing rapid urban transition taking place across the continent. Cities must become priority areas for public policies, with hugely increased investments to build adequate governance capacities, equitable services delivery, affordable housing provision and better wealth distribution.



Brian Comer, Chairman of the Comer Group and executive director of C.A.R.E., said: "Everyone has the right to a proper home and work environment. We've a lot to share with Africa in terms of urban development and we are delighted to be able to be part of its phenomenal growth story. The growth of Africa will be defining moment for the world as a whole.



Chris Cleverly, CEO of Made in Africa Foundation and executive director of C.A.R.E., said: "We need to build cities for people and for business, cities that work for growth. We need to build for the future with 65% of Africa's population under the age of 35, they see a very different Africa from those that came before them - C.A.R.E. is there to help the build it.

Contact - Chris Cleverly

Chris@madeinafricafoundation.co.u


About C.A.R.E
C.A.R.E

 


MENAFN Press




  MENA News Headlines
 Feb 19 2017 - Bio-Plastic Packaging Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022MENAFN Press
(MENAFN Editorial) Global market is anticipated to witness growth owing to increasing customer attentiveness to ecological products. Shifting partiality from artificial chemical products to ...

 Feb 19 2017 - Plastic Films and Sheets Packaging Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022MENAFN Press
(MENAFN Editorial) The opportunities lie in positive outlook for specialty films and growing usage of plastic films & sheets in agriculture. The increasing disposable income of the consumers ...

 Feb 19 2017 - Non-Destructive Testing Equipment Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022MENAFN Press
(MENAFN Editorial) Moreover, factors such as continuous advancement in electronics, automation and robotics, safety and reliable performance of the machines, and assured return on investment are also ...

 Feb 19 2017 - Agribusiness Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022MENAFN Press
(MENAFN Editorial) The challenges faced by the market are food shortages and high food inflation. By 2050, the world will need almost 50% more food. In global market, Nanotechnology applications are ...

 Feb 19 2017 - Poultry-Keeping Machine Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022MENAFN Press
(MENAFN Editorial) Moreover, these alterations also include biosecurity measures, increasing income and human population and urbanization. These alterations provide enormous opportunities for poultry ...

 Feb 19 2017 - Digital Scent Technology Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022MENAFN Press
(MENAFN Editorial) E-Nose Application and E-Nose Based quality assessment techniques are the crucial factors driving the market growth. However, high cost is restricting the growth of market. The ...

 Feb 19 2017 - GigE Camera Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022MENAFN Press
(MENAFN Editorial) 3D vision technologies and smart camera based are the opportunities for the market. North America commands the market for non-manufacturing applications as GigE Cameras are widely ...

 Feb 19 2017 - Glass Cockpit for Aerospace Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022MENAFN Press
(MENAFN Editorial) Features such as light weight with augmented functionalities and better precision, superior safety, situational awareness and competence and automation of the flight controls are ...

 Feb 19 2017 - Specialty Food Ingredients Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022MENAFN Press
(MENAFN Editorial) Factors such as food security concerns, regulations, raw material accessibility, expenditure and scientific barriers are hindering the market growth. Changing lifestyles along with ...

 Feb 19 2017 - Automated guided vehicles Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022MENAFN Press
(MENAFN Editorial) Huge capital investment is hampering the AVG market. Food & beverages is leading the market in industries segment. Europe commanded the largest share in AVG market and Asia ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help