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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

ARISE Africa Summit Spotlights Innovation, Investment In Real Estate

From ThisDay · () English

Summarized and contextualized by DistantNews.

At a glance

In-depth Named sources Outcome reported
  • The inaugural ARISE Africa Summit convened in Lagos, Nigeria, focusing on innovation, investment, and partnerships in Africa's real estate market.
  • The event also celebrated the 10th anniversary of the Nigeria's Billionaires Realtors Group (BRG) Network.
  • Stakeholders discussed strategies for sustainable housing growth, institutional strength, and leveraging technology and capital.

Lagos, Nigeria โ€“ The first Africa Real Estate Innovation Summit of Excellence (ARISE Africa) 2026, hosted by Nigeriaโ€™s Billionaires Realtors Group (BRG) Network, brought together key stakeholders to explore innovation, investment, and collaboration within Africa's rapidly expanding property market.

The summit, which also marked the 10th anniversary of BRG Network, Nigeria's largest real estate marketing company, served as a platform for discussing the future trajectory of African real estate. Dr. Emmanuel Abikoye, President of BRG, emphasized that continental development requires multi-sectoral collaboration beyond just real estate. "Our biggest achievement is the transformation of lives. We built BRG not solely to sell real estate, but to build people, create access and democratise opportunities to show that an ordinary person, with the right relationships and the willingness to work, can produce extraordinary outcomes," Abikoye stated.

Our biggest achievement is the transformation of lives. We built BRG not solely to sell real estate, but to build people, create access and democratise opportunities to show that an ordinary person, with the right relationships and the willingness to work, can produce extraordinary outcomes.

โ€” Dr. Emmanuel AbikoyePresident of BRG Network, explaining the company's mission beyond real estate sales.

Keynote speaker Oba Akintoye Adeoye, President of the Real Estate Developers Association of Nigeria (REDAN), identified institutional strength as the cornerstone of sustainable housing growth. He asserted, "The future of African real estate will not be decided by how many buildings we construct. It will be decided by whether we build the institutions that turn those buildings into productive, inclusive, investable and enduring cities."

The future of African real estate will not be decided by how many buildings we construct. It will be decided by whether we build the institutions that turn those buildings into productive, inclusive, investable and enduring cities.

โ€” Oba Akintoye AdeoyePresident of the Real Estate Developers Association of Nigeria (REDAN) on the importance of institutional strength for sustainable housing.

Government representatives, including Hon. Moruf Akinderu Fatai, Lagos State Commissioner for Housing, highlighted state initiatives, noting that the administration has delivered 10,000 new homes through public-private partnerships and government investment. He stressed the importance of data-driven planning and strengthened partnerships with professional bodies and academia. Other speakers, such as BRG Board Chairman Dr. Niyi Adesanya and National Housing Corporation, Kenya, Managing Director QS David Mathu Njuguna, urged industry players to embrace technology, capital, and data to address housing deficits and reduce reliance on foreign building materials to lower costs.

Reflecting on BRG's decade of growth, Co-founder Hon. Gbenga Adeleke highlighted challenges in talent management and developer relations. The summit concluded with Chairman of REDAN, Lagos Chapter, Dr. Tony Aspire Kolawole, affirming that the event successfully united industry leaders to drive forward continental property solutions.

Our administration has delivered 10,000 new homes across the state through direct government investment and public-private partnerships. We have strengthened data-driven planning, encouraged constructive innovation and deepened partnerships with professional bodies and academia.

โ€” Hon. Moruf Akinderu FataiLagos State Commissioner for Housing, detailing government efforts in housing delivery.
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Originally published by ThisDay. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.