Citisquare Africa: Pioneering financial and economic inclusion through co-ownership model in real estate

Citisquare Africa, a startup born out of the extraordinary circumstances of the pandemic, emerged with a clear vision: to democratise real estate investment and financial literacy in a supportive environment. We aim to break down the barriers that have long separated individuals from their dreams of property ownership.

Through diligent market surveys and strategic partnerships with reputable organisations such as Bank of Kigali, ARM Trustees Limited, and FBNQuest Trustees, we aim to empower diverse groups to take control of their financial destinies.

Our headquarters are in Lagos, Nigeria, and registered in Delaware, United States, and Rwanda.

A Journey of Transformation: Discovering Rwanda’s Potential

I didn’t expect one meeting in Lagos to shift so much for me. But it did.

Last month, I had the honour of sitting down with His Excellency Ambassador Christophe Bazivamo, Rwanda’s Ambassador to Nigeria, alongside some representatives from the Rwanda Private Sector Federation. That conversation planted a seed of curiosity and ambition within me, igniting a new passion for a nation I had previously overlooked.

As I left the room, an exhilarating thought raced through my mind: “We need to take a closer look at Rwanda.”

Fast forward a few weeks, and I found myself landing in Kigali, the capital of this vibrant country. As my plane descended over the lush, rolling hills, I experienced a rush of excitement—an electrifying sensation that only comes when purpose and opportunity begin to align.

Over the next few days, each encounter deepened my understanding of the potential that Rwanda holds. I met with leaders, thinkers, and institutions actively shaping the country’s economic landscape. What became increasingly evident was that Rwanda is not just open for business; it is ready for bold, structured collaboration that resonates with investors eager to create long-term value and impact.

I couldn’t help but marvel at the vision underpinning our co-ownership real estate model— an innovative approach facilitated by Bank of Kigali PLC. It seemed to fit perfectly within Rwanda’s dynamic framework, where growth, inclusivity, and sustainability converge.

WHY Kigali, Rwanda

Investing in Kigali is not merely a financial decision; it’s an opportunity to be part of a remarkable journey. Consider the following:

– Economic Growth: Average GDP growth rate of 7.15% over the last decade, with one of the lowest debt ratios in the region.

– Global Recognition: Named the “most improved nation in human development” worldwide.

– Thriving Tourism Sector: – Construction of East Africa’s largest airport in partnership with Qatar Airways.

– Over 1.3 million tourists and $647 million in tourism revenue were recorded last year.

– Ranked as the second safest country globally for female solo travellers (BBC Travel).

– Real Estate Appreciation: The sector continues to appreciate at 12–15% annually.

– 5.45%; Average GDP growth rate over the last 10 years

BAL – Basketball Africa League, managed by the NBA and hosted in Kigali.

Branding deal with top Premiership Club – Arsenal.

MICE – Meeting, Incentives, Conferences and Exhibitions: Kigali is ranked No. 2 MICE destination in Africa by the International Congress and Convention Association (ICCA)

But Kigali holds more than just numbers; it holds the promise of change, connection, and collaboration.

During my trip, I had the privilege of engaging with some of the continent’s brightest institutions. Each meeting was a moment of inspiration that reshaped my views on investment in Rwanda:

1. Rwanda Development Board (RDB)

Here, I introduced the Citisquare Africa Co-Ownership investment model. The enthusiasm of the officials was infectious, as we brainstormed ideas that felt like seeds of collaboration ready to take root.

2. Investment Marketing with RDB

Our discussion on foreign capital incentives gave me invaluable insights into positioning my investments within this vibrant landscape.

3. Rwanda Convention Bureau

We explored strategies merging tourism and investment, an exciting realm where our efforts could elevate Rwanda’s profile as a prime tourist destination.

4. One Stop Shop for Investors

This initiative is a game-changer, designed to streamline the investment process. The unwavering support from the officials reassured me of Rwanda’s commitment to being a business-friendly destination.

5. Rwanda Social Security Board (RSSB)

Engaging in dialogue about affordable housing initiatives resonated deeply with my goals of community development and enhancing urban living standards.

6. Bank of Kigali

Here, the discussion about our co-ownership model revealed a wellspring of innovative financing strategies. The genuine excitement was palpable and ignited hope.

7. BK Capital

The deep dive into financing options opened new avenues for redefining investments in Rwanda’s expansion.

8. Rwanda Financial Centre

Our conversations highlighted the critical need for a cohesive financial ecosystem that promotes growth while fostering local entrepreneurship.

9. Rwanda Private Sector Federation

Exploring initiatives to strengthen the private sector reinforced the notion that collaboration unveils significant opportunities.

10. Rwanda Chamber of Tourism

Our discussions sparked ideas about enhancing Rwanda’s appeal as a premier global tourist destination, blending real estate and experiential offerings.

11. Rwanda Housing Authority

Understanding the regulatory landscape governing housing projects ignited my vision for investments that create a real positive impact on communities.

Beyond the meetings, the stunning landscapes of Kigali filled me with inspiration. As my journey neared its conclusion, a creative idea surfaced: hosting a virtual conference titled “The Collective Advantage: Investment and Tourism Potential in Kigali, Rwanda.” This event aims to unite industry leaders, government officials, and investors for powerful discussions on unlocking opportunities in this East African gem.

I invite you to be part of this enriching experience. Register here: https://eepurl.com/jiLwLc to join us on 22nd July at 4 PM WAT for an event that promises to illuminate the path toward collaborative growth and transformation. Kigali isn’t just a destination—it’s an opportunity. And I can’t wait to see what comes next.