Home Afrika Ltd.
NNSEKE:HAFR1.03
KES
+0.01
(+0.98%)
ISIN
KE2000007258
Return %
Stock
S&P 500
1Y
-14.88
14.20
3Y
212.12
81.12
5Y
164.10
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Jayne Nyokabi
- Sector
- Consumer durables
- Industry
- Homebuilding
- Address
- Nairobi Kenya
- IPO Date
- Jul 15, 2013
- Website
- homeafrika.com
- Similar Companies
- Business
- Home Afrika Limited is a Kenya-based property development and real estate company primarily engaged in the origination, master planning, construction, and marketing of large-scale mixed-use, residential, commercial, and industrial real estate projects. Founded in 2008 and headquartered in Nairobi, Kenya, the company operates across the East African property market, catering to high-net-worth investors, middle-income homebuyers, and institutional commercial tenants through fully integrated, self-sustaining master-planned developments. The company structures its product and service offerings across multiple core segments: master-planned residential communities, including its flagship 774-acre Migaa Golf Estate in Kiambu County featuring an 18-hole championship golf course, clubhouse amenities, and integrated residential housing clusters such as Mitini Scapes and Tamarind Tree Suites; mixed-use commercial and industrial nodes, encompassing regional developments such as Lakeview Heights in Kisumu County and the Llango mixed-use project in Kwale County; serviced site and service plots, comprising surveyed, titled, and pre-zoned residential and commercial plots supported by paved access roads, water reticulation, drainage, and power connections; and comprehensive real estate services, providing master planning advisory, project management, architectural layout design, land agency, and post-construction estate management services. The company conducts its development activities through specialized project entities and subsidiaries, including Home Afrika Communities Limited, Suburban Limited, Lakeview Heights Development Limited, and Llango Development Limited. In recent corporate developments, Home Afrika has implemented comprehensive balance sheet restructuring and capital optimization initiatives to reduce long-term debt liabilities and accelerate the completion of delayed infrastructure phases. The company has advanced capital reorganization programs, including shareholder-approved rights issue frameworks and debt-to-equity conversions, to strengthen working capital and resolve obligations with financial institutions. Additionally, Home Afrika has adopted a joint venture co-development model, partnering with independent property developers and private contractors to deliver targeted housing blocks within the Migaa development, thereby reducing direct capital expenditure risks while advancing civil works, sewer systems, and road network paving across its land holdings.