Published On: Wed, Jun 15th, 2016

Cities, developers connect with investors in Cape Town

NairobiCAPE TOWN, (CAJ News) – WITH improving economies, rising populations, rapid rates of urbanisation and burgeoning middle classes, some African cities are expected to grow between 70 percent-100 percent in the next 15 years.

It is against this background preparations have begun for the African Real Estate Summit scheduled for Cape Town in November.

“We passionately believe that Africa is a continent of opportunity,” said Jean-Pierre Elong Mbassi, Secretary General of the United Cities and Local Governments of Africa (UCLGA).

UCLGA is the patron of the African Real Estate Summit.

The organisation has invited some of the top cities in Africa to showcase their UDPs in the form of models or presentations. It is envisaged this would allow for delegates and exhibitors to understand the future plans of developing cities and build business relationships with key city officials including: city managers, city mayors, city council members, town
planners, town clerks, district officials and city and finance directors amongst others.

Some of the development opportunities to be showcased are in Dar es Salaam, Kigali and Lusaka.

The cities are in Tanzania Rwanda and Zambia respectively.

The summit will provide an invaluable opportunity for investors, developers, landowners and the cities themselves to conduct business, sign contracts and develop the future cities of Africa. Alongside the Urban Development Plan City Showcase sessions, the two-day high-level conference will also offer private companies case studies and practical guidance on
how to do business in new markets.

Spintelligent, the leading Cape Town-based trade exhibition and conference organiser, and the African office of Clarion Events Ltd, based in the United Kingdom, are organising the African Real Estate Summit.

CAJ News

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