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 Press) 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
 Sep 27 2016 - Daimler Trucks presents Fuso eCanter and Mercedes-Benz Urban eTruck at 2016 IAAMENAFN Press
(MENAFN Press) World premiere: the all-electric and networked Mercedes-Benz Urban eTruck • Electric truck with the performance of a diesel engine • Innovative design with flowing lines The ...

 Sep 27 2016 - GCC participants enrich the character of Juha in Narrator’s Café at 16th Sharjah International Narrators ForumMENAFN Press
(MENAFN Press) A wide range of participants from Oman, Qatar, Saudi Arabia, Kuwait and the UAE have enriched the contemporary personality of Juha, a folk storyteller persona, during the evening ...

 Sep 27 2016 - California Mesothelioma Victims Center Now Offers a PowerEnergy Worker with Mesothelioma in California Better Options When It Comes to Attorneys with The Goal Better CompensationMENAFN Press
(MENAFN Press) California Mesothelioma Victims Center Now Offers a Power/Energy Worker with Mesothelioma in California Better Options When It Comes to Attorneys with The Goal Better Compensation ...

 Sep 27 2016 - SE UMCC doubled the value of its assetsMENAFN Press
(MENAFN Press) SE UMCC doubled the value of its assets The value of assets of the two companies more than doubled since 2014, reaching UAH 1.7 billion KIEV, UKRAINE, September 20, 2016 ...

 Sep 27 2016 - AnyFlip Flipbook Software Ranked Higher in Digital PublishingMENAFN Press
(MENAFN Press) AnyFlip Flipbook Software Ranked Higher in Digital Publishing AnyFlip won the support of marketers, bloggers and businesses that create attractive flipbooks for online ...

 Sep 27 2016 - foodpanda Malaysia launches World Food Tour campaignMENAFN Press
(MENAFN Press) foodpanda Malaysia launches World Food Tour campaign Celebration to the many cuisines available on the food delivery platform This campaign not only gives our customers a chance ...

 Sep 27 2016 - Satellite Broadband Communication in Public Safety Market Report 2016 - 2021MENAFN Press
(MENAFN Press) Satellite Broadband Communication in Public Safety Market Report 2016 - 2021 PUNE, INDIA, September 27, 2016 /EINPresswire.com/ -- Sales, means the sales volume of Satellite ...

 Sep 27 2016 - Solder: Consumption, Demand, Sales, Competitor and Forecast 2016 2021MENAFN Press
(MENAFN Press) Solder: Consumption, Demand, Sales, Competitor and Forecast 2016 – 2021 Solder Global Market 2016 Analysis and Forecast to 2021 PUNE, INDIA, September 27, 2016 /EINPresswire.com/ ...

 Sep 27 2016 - BriskBard 1.2 Released With New Security FeaturesMENAFN Press
(MENAFN Press) BriskBard 1.2 Released With New Security Features BriskBard's web browser BriskBard's email client BriskBard's logo The latest version of BriskBard has been released with ...

 Sep 27 2016 - Watch Your Mind Maps in Style with Mind Vector For Apple WatchMENAFN Press
(MENAFN Press) Watch Your Mind Maps in Style with Mind Vector For Apple Watch Mind Vector, the No. 1 choice of 1 Million + users worldwide is now available on the Apple Watch. Use the app on ...

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

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