Selected media coverage from IOL, The Citizen, Bizcommunity and Property Wheel, tracking Afribiz Invest across flagship projects, international expansion and the group's shift into renewable energy.
IOL / The StarAfribiz Invest and Ghana's National Home Ownership Fund concluded a R27 billion Master Agreement to develop 22,000 mixed-use homes across Ghana, one of the largest African-led urban development initiatives in recent years. Signed in Sandton, the multi-phase rollout combines housing with commercial and community facilities and is expected to create thousands of jobs.
IOL / The StarAfribiz Invest announced a strategic pivot toward renewable energy, embedding clean-power systems across future housing and mixed-use developments. Planned technologies span rooftop solar PV with battery storage, solar water heating, hybrid solar-wind for rural and coastal areas, biomass, heat pumps and small hydro, building on the R27bn Ghana NHF agreement.
BizcommunityAfribiz Invest came on board as a partner of the 17th South African Construction Awards, held 27 November 2024 at Emperors Palace across 24 categories. The partnership supports reshaping perceptions of the construction sector and advancing inclusivity, including support for women in the industry.
Bizcommunity AfricaAfribiz Invest partnered with tower-crane company MES to create Afribiz MES Cranes and Lifts Hire, positioned as one of the largest crane and lift-hire operations on the continent. The venture covers erecting, renting, dismantling and selling tower cranes plus vertical-access solutions for construction and industrial clients across sub-Saharan Africa.
The CitizenCollen Mashawana led an Afribiz delegation to South Africa's National Day at Expo 2020 Dubai, calling the scale of infrastructure innovation eye-opening. The piece recaps flagship local projects (Rama City and West Rand Mega Park, a combined R30 billion+ pipeline) and the UAE tie-up with 40-year design and engineering firm Al Hatmy.
The CitizenAfribiz Invest outlined plans to open in Dubai and pursue further business across the rest of the UAE, the Middle East and Europe, launching at Expo 2020 in partnership with the Department of Trade, Industry and Competition. Officials framed the move as part of South Africa's drive to showcase industrial capability.
Property WheelAfribiz Invest set out plans to grow internationally, choosing the United Arab Emirates, and Dubai in particular, as its first market outside South Africa. Leadership planned several months in Dubai before opening a dedicated UAE division, and met the UAE Ambassador to South Africa, Mahash Saeed Al Hameli, to build support for the move.
The CitizenAhead of the West Rand Mega Park development, Afribiz Invest appointed a new board of seven non-executive directors and confirmed a 50% stake in project company Protea Agri Park. The R20 billion, five-year development on 302.6 hectares near Soweto is planned as a mixed industrial and agri-processing hub projecting 50,000 permanent jobs.
Reach out and we'll keep you posted on new projects, expansion news and the work of the Collen Mashawana Foundation.
