By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Lifestyle UgandaLifestyle UgandaLifestyle Uganda
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
    News
    Get breaking news, music updates, and celebrity stories from Uganda and East Africa. Stay informed with Lifestyle Uganda—your insider source for real-time industry updates.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    lifestyleug.com__Airtel Uganda revises its double data bundle offers (1)
    Airtel Uganda Is Now Offering Double Data Bundles for Its Smartphone Users
    Sponsored by
    TK Makeup Empire
    Latest News
    Uganda’s Dr Patricia Adong Ojangole Named African Banker of the Year
    30th May 2025
    Sidi Ould Tah elected new President of the African Development Bank Group
    30th May 2025
    Ngũgĩ wa Thiong’o: Celebrated Kenyan Author and Activist Dies at 87
    29th May 2025
    MTN FUFA Awards 2024: Nominees Revealed for Ugandan Football’s Biggest Night
    29th May 2025
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
      • Fitness
      • Pop Culture
      • Travel/Culture
    Entertainment
    Stay up-to-date with Lifestyle Uganda Entertainment—the latest news, celebrity gossip, films, and TV shows from Uganda, Nigeria, Kenya, and South Africa.
    Show More
    Top News
    Lycamobile Uganda data bundles and voice (1)
    Lycamobile Uganda: 4 Most Frequently Asked Questions & Answers
    4th April 2025
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    Who is John Blaq: Biography, Profile and Life Story of Kashada John
    5th October 2023
    The Short-Story of How Pia Pounds Got Famous Will Make You Love Her Even More
    14th April 2025
    Latest News
    Ugandan Media Star Cedric Babu Needs Emergency Heart Transplant Abroad
    30th May 2025
    Eddy Kenzo Criticises Coffee Marathon Organisers Over ‘Disrespect’ Towards Local Artists
    29th May 2025
    Bebe Cool Urges Ugandan Artists to Focus on Brand Value Amid Diamond Platnumz Fee Dispute
    28th May 2025
    Natasha Nyonyozi Wins ‘Beauty with a Purpose’ Africa at Miss World 2025
    28th May 2025
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
    FashionShow More
    Natasha Nyonyozi honoured at Miss World 2025 for autism advocacy.
    9
    Natasha Nyonyozi Wins ‘Beauty with a Purpose’ Africa at Miss World 2025
    28th May 2025
    Natural hair takes centre stage in Uganda.
    Natural Hairstyles in Uganda: The Beauty of Texture, Twists, and Timeless Trends
    26th May 2025
    This is how Zari Hassan does soft power dressing.
    Zari Hassan Just Gave Us a Masterclass in Power Dressing with Modesty — and We’re Taking Notes
    19th May 2025
    Lydia Jazmine addresses body-shaming comments.
    Lydia Jazmine speaks out against body shaming after edited photos spark backlash
    9th May 2025
    African designers to feature at top fashion weeks in Paris and Tokyo.
    African Designers to Take Global Stage with Afreximbank-Backed Fashion Showcases in Paris and Tokyo
    7th May 2025
  • Health & Living
  • Tips & Advice
Search
© 2023 Lifestyle Uganda. All Rights Reserved.
Reading: Landmark Africa Receives a USD24 Million Housing Loan From Shelter Afrique
Share
Sign In
Notification Show More
Font ResizerAa
Lifestyle UgandaLifestyle Uganda
Font ResizerAa
  • Home
  • News
  • Business
  • Entertainment
  • Health & Living
Search
  • Home
  • News
    • International News & Politics
    • Education
    • Sports
    • Money & Finance
    • Mobile and Telecommunication
  • Business
  • Entertainment
    • Music
    • Celebrity
    • Biography
    • Lifestyle
  • Fashion
    • Beauty Trends
    • Accessories
    • Hair
    • Lipstick
    • Makeup
    • Skincare
  • Health & Living
  • Tips & Advice
Have an existing account? Sign In
Follow US
© 2023 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Lifestyle Uganda > Blog > Business > Landmark Africa Receives a USD24 Million Housing Loan From Shelter Afrique
BusinessNews

Landmark Africa Receives a USD24 Million Housing Loan From Shelter Afrique

Ssendaza Ismail
Last updated: 3rd November 2022 8:15 am
By
Ssendaza Ismail
BySsendaza Ismail
Staff Writer
Ismail Ssendaza is a passionate blogger at Lifestyle Uganda, where he shares the latest news and gossip about both local and international celebrities. With a keen...
Follow:
- Staff Writer
Share
5 Min Read
shelter afrique landmark africa
Landmark Africa MD Paul Onwuanibe
SHARE

Shelter Afrique, a pan-African finance company with a focus on housing development, approved a loan for Landmark Africa, one of Lagos’ largest property developers.

shelter afrique landmark africa
Landmark Africa MD Paul Onwuanibe

KAMPALA | LIFESTYLE UGANDA ( http://lifestyleuganda.com/) — Pan-African housing development financier Shelter Afrique has approved a USD24.03 million (₦10 billion) commercial loan to Lagos-based Tier 1 real estate and property development firm, Landmark Africa.

The 7-year line of credit with a moratorium of 36 months has been structured to partly finance the construction of a mixed-use housing project, Landmark Waterview Apartments and refinance its existing debt.

“We are excited to record this significant milestone as the first project we are partnering with Landmark Africa. This is truly a high-point for Shelter Afrique and we are happy that the deal is adding to the long and successful history the Company has had with Nigeria,” Shelter Afrique AG. Managing Director Kingsley Muwowo said.

“We remain committed to financing real estate projects that promote innovation and affordability, and we look forward to a long-term relationship with Landmark Africa,” he added.

Mixed-use destinations

Commenting on the deal, Landmark Africa Chief Executive Officer, Mr. Paul Onwuanibe said, “the Landmark Africa vision is to create one-stop destinations which embody the business, leisure and lifestyle philosophy.”

“Such innovative undertakings in the real estate sector require a formidable financial partnership and we are pleased to have found such a partner in Shelter Afrique. We are equally pleased to receive this long-term funding, which will help accelerate the delivery of the Landmark Waterview Apartments project thus enhancing the residential play within our mixed-use ecosystem while having a multiplier effect on the existing business, leisure and lifestyle service offerings. It will also help align our capital structure to our long-term strategic goals,” Mr. Onwuanibe added.

Nigeria is a Key market

Nigeria remains one of the key markets for Shelter Afrique. In addition to the Landmark Africa deal, the Company has so far extended lines of credit to another Lagos-based real estate firm Mixta Africa (USD19.5 million) and Wema Bank (USD10 million), this year alone.

- Advertisement -
landmark africa loan shelter afrique Shelter Afrique AG. MDKingsley Muwowo
Shelter Afrique AG. MDKingsley Muwowo

What is Shelter Afrique?

Shelter-Afrique is a pan African housing finance and development institution established by African governments to address the need for a sustainable housing delivery system and related infrastructure projects in Africa.

Shareholders include 44 African countries, the African Development Bank, the African Re-Insurance Corporation, and Fonds de Solidarité Africain (FSA).

The company’s mandate is to provide financing through debt, quasi-equity, and equity to both public and private institutions for housing and urban infrastructure projects in its member countries. 

Shelter Afrique builds strategic partnerships and offers a host of products and related services to support the efficient delivery of affordable housing and commercial real estate. These include project finance, institutional lending, equity investments & joint ventures, trade finance, and social housing.

About Landmark Africa

Landmark Africa owns and manages a portfolio of over 130,000sqm of largely oceanfront realty in Lagos, Nigeria from which it provides a diversified mix of service offerings with operations in six segments of the real estate sector: Mixed-Use Residences, High Street Retail, Conference & Event Centre, Family Leisure & Recreation, Hospitality & Tourism, Office and Co-Working Facilities.

- Advertisement -

Since opening its doors in 1997, Landmark Africa has evolved from a traditional property development, management and services company to a business, leisure and lifestyle destination provider creating an integrated one-stop mixed-use operational platform for over eighty-four (84) businesses which run the gamut from Fortune 500 companies to startups in various fields of endeavour within Nigeria.

Landmark Africa’s innovative strides in the real estate sector has been endorsed by a host of global institutions including Euromoney, the London Stock Exchange and Africa Property Investment as one of the foremost companies to inspire Africa.

In other news, Ugandan Project Shelter Wakadogo wins Best School Prize, Rapper Riky Rick confirmed dead, Pastor Ezekiel Atang is dead, UK music entrepreneur Jamal Edwards dies at 31, Idols SA Season 18 returns, Burna Boy Joins Boomplay, check out 3Music Awards 2022 nominees, Rema drops “Calm Down”, 2022 Oscar nominations announced, Kylie Jenner gives birth, Fireboy live in Uganda, Rihanna is pregnant, Cheslie Kryst is dead, Minister Lokodo is dead, Global Music Awards Africa 2022 nominees are out, 2022 Grammy Awards set for April, and Wizkid heads to iHeartRadio Music Awards 2022.

- Advertisement -
Egyptian E-Commerce Star Cartona Raises Major Funding to Revolutionize Trade
Apple to Reopen Stores in the US, Canada and Italy this Week
FUFA Partners with Jumia to Sell Uganda Cranes Jerseys
Jonathan Nalebo Confirms Split From Rolex Festival Founder Mirembe After Seven Years
Introducing BT Beauty Uganda, Organic beauty products by Bettinah Tianah

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp Reddit Email Copy Link
Share
BySsendaza Ismail
Staff Writer
Follow:
Ismail Ssendaza is a passionate blogger at Lifestyle Uganda, where he shares the latest news and gossip about both local and international celebrities. With a keen eye for trends and a love for storytelling, Ismail aims to keep readers informed and entertained. Prior to his blogging career, he served as a System Administrator at Pearl VoIP & 3G Telecommunications UK for six months, working as a remote Network Operations Center engineer (NOC). Ismail welcomes conversations and collaborations—feel free to reach out via WhatsApp at +256753659743
Previous Article 5 crystals for protection and healing A Guide To The 5 Best Crystals For Protection and Healing
Next Article benefits vaping kratom extract How To Identify The Best Kratom Extract For Vaping?

Stay Connected

45.2kFollowersLike
5.1kFollowersFollow
213FollowersPin
35.6kFollowersFollow
11kSubscribersSubscribe
400FollowersFollow
- Advertisement -

Latest News

Cedric Babu in critical condition as family launches urgent fundraiser.
Ugandan Media Star Cedric Babu Needs Emergency Heart Transplant Abroad
Entertainment
30th May 2025
Ugandan banker honoured at top African finance awards.
Uganda’s Dr Patricia Adong Ojangole Named African Banker of the Year
Business News
30th May 2025
Sidi Ould Tah elected new AfDB president with overwhelming mandate.
Sidi Ould Tah elected new President of the African Development Bank Group
Business News
30th May 2025
Kenyan author Ngũgĩ wa Thiong’o has passed away at 87.
Ngũgĩ wa Thiong’o: Celebrated Kenyan Author and Activist Dies at 87
News
29th May 2025
//

At Lifestyle Uganda, we inform, entertain, and inspire action through the content we create — empowering you to live a celebrity life.

Quick Link

  • Home
  • News
  • Business
  • Entertainment
  • Health & Living

Top Categories

  • About Us
  • Send a Tip
  • Terms of Use
  • Privacy Policy
  • Contact

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

I have read and agree to the terms & conditions
Lifestyle UgandaLifestyle Uganda
Follow US
© 2025 Lifestyle Uganda. A Now & Entertainment Media Company. All Rights Reserved.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up