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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

Nigerian developers urged to explore cross-border investment

From The Punch · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Devtraco Plus Nigeria introduced an initiative in Lagos to connect Nigerian investors with premium real estate opportunities in Ghana.
  • The company said Accraโ€™s business, tourism, expatriate and regional investment activity supports demand for residential and lifestyle properties.
  • Speakers presented cross-border investment as a way to diversify portfolios and build wealth beyond Nigeria.

A Ghana-based real estate company is asking Nigerian investors to look beyond their domestic property market and consider opportunities in Ghana.

Devtraco Plus Nigeria made the pitch at a Lagos press conference themed โ€œBuilding Wealth Beyond Borders.โ€ Country Manager Adedayo Macaulay said the initiative would give Nigerian investors a structured route into Ghanaโ€™s premium real estate market.

Macaulay described real estate as a trusted store of value for many Nigerians, but said investors are increasingly seeking diversification, quality assets and long-term value creation outside their national borders. He identified Accra as the companyโ€™s main proposition, citing the cityโ€™s business, tourism, expatriate and regional investment activity.

For many Nigerians, real estate has always represented a trusted store of value. Today, however, that investment mindset is increasingly extending beyond national borders, with investors looking for opportunities that offer diversification, strong fundamentals, quality assets and the potential for long-term value creation.

โ€” Adedayo MacaulayThe companyโ€™s Nigeria country manager explained the case for investing abroad.

The company said the initiative would focus on Accraโ€™s investment case, legal and ownership framework, rental-market dynamics and potential for capital appreciation. Macaulay said the goal was to build confidence and transparency rather than simply sell property.

Sandra Mudzimba, Devtraco Groupโ€™s chief sales and marketing officer, said the company was strengthening links between two markets with existing cultural and commercial ties. โ€œNot build all wealth in one place. Diversify. Build wealth beyond borders,โ€ she said, presenting the strategy as a principle for investors seeking broader property portfolios.

Not build all wealth in one place. Diversify. Build wealth beyond borders.

โ€” Sandra MudzimbaThe Devtraco Group executive summarised the companyโ€™s investment message.
About this summary

Originally published by The Punch. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.