UBA and Afiland Launch Diaspora Real Estate Platform

United Bank for Africa (UBA) Plc (NGX: UBA) has partnered with Afiland Property Plc to launch a new diaspora service platform focused on real estate investment. The initiative was unveiled in Lagos and aims to connect Africans living abroad with verified property investment opportunities in Nigeria.

Kayod Odebiyi, the Executive Director of Afiland Property Plc, emphasized that diaspora investors often encounter risks such as construction delays, cost escalations, and concerns regarding credible oversight. Afiland is set to address these issues through rigorous due diligence and a comprehensive project management framework.

Anant Rao, Head of Diaspora Banking at UBA Plc, highlighted the strategic importance of engaging the African diaspora, noting that their involvement is crucial for the next phase of Africa's growth. The platform is designed to provide transparency and trust in real estate investments for Nigerians living overseas.