logo
Absa Corporate and Investment Banking powers East Africa's real estate future as lead Sponsor of East Africa Property Investment (EAPI) Summit 2025

Absa Corporate and Investment Banking powers East Africa's real estate future as lead Sponsor of East Africa Property Investment (EAPI) Summit 2025

Zawya10-04-2025
Under the theme ' Positioning for Opportunity', Nairobi's premier real estate event brings global investors and developers together to shape East Africa's economic landscape.
As a proudly Pan-African business with key interests in positively shaping economic policy and investments, Absa CIB has proudly, once again confirmed their participation as a lead sponsor of the 2025 East Africa Property Investment (EAPI) Summit.
The EAPI Summit is East Africa's premier real estate event, bringing together over 450 global investors, developers, and professionals from the real estate industry. The 12th annual summit will be held in Nairobi, Kenya on the 7 and 8 May 2025, at Pullman, Upper Hill. The EAPI Summit provides a platform for networking, dealmaking, and gaining insights from key industry leaders. Strategic discussions will focus on investments and capital markets, occupier trends, retail, logistics, hospitality, and affordable housing, making it a vital event for stakeholders in East Africa's real estate sector.
The 2025 EAPI Summit marks the third year Absa CIB joins as the lead sponsor.
Sandile Mpanza, Head: Commercial Property Finance, Africa Region, Absa CIB says that 'Absa CIB's sponsorship of the EAPI Summit reinforces our continued commitment to positively shaping the economic development of the African markets in which we operate.'
The Absa Group operates in several East African countries, including Kenya, Tanzania, Uganda, and the Seychelles. Absa also provides financial solutions and advisory services tailored to the unique challenges and opportunities in the region, reinforcing its commitment to fostering economic growth and development in East Africa.
Says Mpanza 'As a trusted partner, we remain dedicated to supporting developers, investors and stakeholders with tailored solutions that unlock opportunities and foster sustainable development. We look forward to engaging with industry leaders to shape the future of East Africa's property market.'
Under the theme 'Positioning for Opportunity', this year's EAPI Summit will explore how developers and investors can capitalise on investment opportunities in countries such as Tanzania, Kenya, Uganda, Rwanda, and more. These countries are showing promising signs of economic recovery, improving political stability, and stabilising interest rates.
East Africa's diverse real estate sector is gaining interest from institutional, local, and offshore investors across many sectors. In 2025 and beyond, several market watchers expect renewed interest and dealmaking in the commercial, retail, hospitality, and affordable housing real estate segments.
While investment opportunities are plentiful in East Africa, regional and global challenges persist and are set to impact the real estate industry. Expert speakers at the EAPI Summit will help investors and market watchers navigate the impact of trade tariffs imposed by the US under President Donald Trump's administration, the outlook of interest rates that remain high globally and convincing pension funds to bankroll infrastructure projects that aim to improve Africa's development ambitions, and more.
In addition to Absa, Africa Logistics Properties (ALP) has thrown its weight behind the EAPI Summit as a sponsor. As a Nairobi-based property developer of high-quality warehouses for the occupier market, ALP brings institutional expertise to the EAPI Summit about East Africa's real estate market. After all, ALP is working with multinational companies across Africa, developing modern grade-A logistics and distribution warehousing infrastructure in Kenya and prospectively, the wider East Africa region.
ALP will be able to tackle questions at the EAPI summit about complex global economic and geopolitical developments set to impact East Africa's real estate market. This is because ALP has experience and exposure to global markets as it operates according to global public company governance standards.
Raghav Gandhi, the CEO of ALP, says: 'ALP has been a regular participant and sponsor for the EAPI summits due to their presence in the real estate sector not just in Kenya but also the continent. They bring together industry leaders and professionals in a vibrant environment, which rarely happens so that we can explore synergies and collaboration opportunities for our respective businesses. Through the panels, the EAPI summits also provide the opportunity for thought leadership and innovation to be shared across key stakeholders so that folks have the chance to learn something new or challenge what they feel is the status quo.'
With sponsorships from Absa CIB, ALP, and others, the 2025 edition of the EAPI summit will be another highly-anticipated opportunity for attendees to connect with expert speakers and peers to expand their professional networks.
The 12 th East Africa Property Investment Summitt will take place on 7 and 8 May 2025 at Pullman, Upper Hill, Nairobi, Kenya. For more information and to book to attend the EAPI Summit visit https://EAPISummit.com/.
Distributed by APO Group on behalf of API Events.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ministry of Economy and Tourism to host ‘UAE Africa Tourism Investment Summit' in October
Ministry of Economy and Tourism to host ‘UAE Africa Tourism Investment Summit' in October

Al Etihad

time18 hours ago

  • Al Etihad

Ministry of Economy and Tourism to host ‘UAE Africa Tourism Investment Summit' in October

17 Aug 2025 14:41 ABU DHABI (WAM)The Ministry of Economy and Tourism announced that it will host the UAE Africa Tourism Investment Summit on October 27, 2025, in Dubai, as part of the Future Hospitality Summit (FHS World 2025) - one of the leading global platforms for the hospitality, tourism, and investment sectors. The Summit aims to enhance economic and tourism partnerships between the UAE and African nations, boosting mutual investments across key priority sectors, particularly tourism, hospitality, and related part of the initiative, the Ministry of Economy and Tourism signed a Memorandum of Understanding (MoU) with The Bench - the organisers of FHS World - in the presence of the Minister of Economy and Tourism, Abdulla bin Touq Al MoU was signed by the Assistant Undersecretary for the Support Services Sector at the Ministry, Badreya Al Maidoor, and Portfolio Director at The Bench, Daria two parties will collaborate on organising the event and coordinating its promotional efforts, in line with the Summit's objective of highlighting investment opportunities in tourism-related activities and projects across the African event will bring together over 250 high-level participants, including senior government officials, decision-makers, and investors from 53 African countries, including tourism ministers and representatives of investment promotion agencies from across the reinforces the UAE's role as a reliable investment partner for Africa and opens new avenues for strategic collaboration in vital sectors that contribute to building a more integrated and sustainable economic Maidoor said, 'The UAE Africa Tourism Investment Summit will serve as a strategic platform for exchanging insights and expertise between the UAE and African nations, supporting sustainable development efforts through the establishment of projects and partnerships that serve mutual interests.''This aligns with the objectives of 'We the UAE 2031' vision, which aims to position the country as a leading global hub for the new economy, driven by international partnerships and future-focused sectors.'Chairman & CEO of The Bench, Jonathan Worsley, said, 'We are honoured to partner with the UAE Ministry of Economy & Tourism to launch the UAE Africa Tourism Investment Summit as part of FHS World 2025. This collaboration reflects our shared ambition to accelerate investment and development across Africa's hospitality sector.''The UAE has long served as a bridge between global capital and emerging markets, and this new platform will strengthen the connections between African nations and the international investment community. Together, we are creating an ecosystem that fosters meaningful dialogue, unlocks deal flow, and drives long-term economic growth across the continent.'The Summit will enable participants to explore opportunities for collaboration between government entities and the private sector across the tourism, investment, infrastructure, and hospitality sectors in both the UAE and the African continent. It also seeks to highlight future initiatives within the tourism and hospitality sectors in both markets.

Dubai Court Orders Man to Repay Dh118,000 in Failed Currency Exchange Deal
Dubai Court Orders Man to Repay Dh118,000 in Failed Currency Exchange Deal

Filipino Times

time19 hours ago

  • Filipino Times

Dubai Court Orders Man to Repay Dh118,000 in Failed Currency Exchange Deal

A Dubai civil court has ordered an Arab man to return nearly Dh118,000 to an African trader after failing to deliver on a promised five-minute currency exchange. The defendant was also directed to pay Dh5,000 in compensation for financial and emotional harm. Court documents show that the trader, who needed U.S. dollars to pay Canadian suppliers, entrusted Dh117,913 to the defendant. The man had assured that the funds would be instantly converted through his local bank accounts. Instead of transferring the money, the defendant allegedly stalled and tried to reassure the trader with a photo of himself depositing cash at an ATM. However, the promised transfer never came through, leaving the trader unable to meet supplier deadlines. To maintain his business relationship, the trader paid his supplier again out of his own pocket and later pursued legal action in Dubai. Despite WhatsApp messages, invoices, and other evidence submitted, the defendant failed to appear in court or prove repayment. The court applied the UAE Civil Transactions Law, which requires anyone who unlawfully takes money to return it, ruling in favor of the trader and ordering repayment plus damages. The trader's larger claim of Dh100,000 in psychological and material harm was denied.

Rule of law is Africa's new gold: African Development Bank Group's (AfDB's) Adesina calls for bold legal and governance reforms to unlock prosperity
Rule of law is Africa's new gold: African Development Bank Group's (AfDB's) Adesina calls for bold legal and governance reforms to unlock prosperity

Zawya

time2 days ago

  • Zawya

Rule of law is Africa's new gold: African Development Bank Group's (AfDB's) Adesina calls for bold legal and governance reforms to unlock prosperity

'When Africa stands for the rule of law, the world will stand with Africa,' the President of the African Development Bank Group ( Dr Akinwumi Adesina, has told more than 1,200 lawyers, judges, and government officials attending the Kenya Law Society's 2025 Annual Conference. Delivering the closing keynote, title Public Finance, Governance, Justice and Development, Dr. Adesina drew a clear link between judicial independence, sound public finance, and sustainable economic growth. He stressed that Africa's true wealth lies not only in its natural resources but also in its ability to govern them transparently, enforce contracts fairly, and ensure justice for all citizens. Turning challenges into opportunities Africa faces a $100 billion annual gap in foreign direct investment, he noted, a situation compounded by weak rule of law rankings, debt vulnerabilities, and predatory 'vulture fund' cases. These involve investors buying national debt at a discount on secondary markets, then exploiting weak legal systems to sue debtor nations for full repayment — plus backdated interest and legal fees. 'Evidence suggests that foreign direct investments move more to countries that have political stability, stable democracies, transparency, and low levels of corruption,' Adesina said during the conference held at Kenya's coastal town of Diani, some 35 kilometres south of Mombasa. Other key drivers, he added, include an independent and transparent judiciary, strong regulatory frameworks, public accountability, efficient public service, competition policy, and respect for intellectual property rights. He also underlined the vital connection between justice and development, arguing that access to justice must be universal. This means legal aid, digitised courts, and grievance mechanisms that bring the law closer to citizens. 'Justice is not a byproduct of development — it is the foundation of development,' he declared. Adesina urged African nations to: Strengthen judicial independence and transparency to attract global capital. Reform natural resource laws to ensure benefits reach communities, not elites. Develop sovereign wealth funds to safeguard prosperity for future generations. Build strong African arbitration systems to settle disputes locally and fairly. He challenged Africa's lawyers, judges, and arbitrators to rise as 'guardians of promise and stewards of destiny' by enforcing constitutional safeguards on public finance. He called on the Kenya Law Society members to champion ethics and environmental, social, and governance (ESG) principles, digitise court systems, improve legal infrastructure, and protect national assets from predatory debt practices. Adesina's keynote culminated a 3-day conference focused on corporate governance, protecting constitutionalism and the rule of law, responsible public finance management, and digitalization of legal systems. The closing ceremony included the participation of Kenya's legal luminaries and government, including Kenya's Chief Justice Martha Koome, Kenya Law Society President Faith Odhiambo, Mombasa County Governor Abdulswamad Nassir and the AfDB's Director General of East Africa Alex Mubiru. Solutions in motion The African Development Bank supports its regional member countries to address governance, public finance, and justice challenges. In Rwanda and Côte d'Ivoire, Bank support to create and modernise specialised commercial courts has reduced dispute resolution times by nearly half, unlocking more than $1 billion in investment. In Seychelles, Bank-backed constitutional reforms require all sovereign borrowing to receive parliamentary approval — contributing to a fall in the debt-to-GDP ratio from over 100% to below 55%. In Kenya, Bank-supported procurement and debt transparency reforms, including parliamentary oversight of public borrowing, are safeguarding public funds. Known as Africa's 'Optimist-in-Chief,' Adesina urged the continent's legal community to recognise that they hold the keys to turning governance into growth and making development a daily reality rather than a distant promise. 'Let us make a choice that history will record, and generations will remember,' he said. 'As lawyers, justices and guardians of the law, I urge you to uphold the rule of law, to execute justice with fairness and righteousness.' Distributed by APO Group on behalf of African Development Bank Group (AfDB). About the African Development Bank Group: The African Development Bank Group is Africa's premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information:

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store