a continental hub of smart innovations exclusively dedicated to driving “affordable housing” in sub-Saharan Africa.
We believe that “affordable housing”, properly conceptualised and driven, presents the fastest and most feasible opportunity for modern, quality home ownership for majority of working Africans.
With home ownership at less than 20%, “affordable housing” is the main solution to the vast housing deficits in SSA countries and will continue to constitute the largest housing demand in Africa for the next 50 Years.
At AACON, we are turning the insights and potentials of affordable housing into concrete ingenious actions and leveraging technology to create the visible, resounding impacts in Africa’s home ownership.
OUR VISION
To be the the largest aggregator, main driver and strongest accelerator of “affordable housing” in sub-Saharan Africa.
To rapidly transit sub-Saharan Africa to PREDOMINANT HOME OWNERSHIP through “affordable housing“.
OUR MISSION
OUR MISSION
To rapidly transit sub-Saharan Africa to
PREDOMINANT HOME OWNERSHIP
through “affordable housing“.
OUR MISSION
To rapidly transit sub-Saharan Africa to PREDOMINANT HOME OWNERSHIP through “affordable housing“.
OUR CORE VALUES
Integrity
The strength of character to be trusted. Fidelity to the ideals and ethics of behaviour and work. Keeping promises, unyielding commitment to truth and the earned assurance to be relied upon at all times by customers, partners, patrons, friends, family and the society. The highest value of all.
Ingenuity
Hunger and respect for knowledge, submission to the superiority of knowledge, the expansive ability for continuous learning and the painstaking deployment of knowledge to birth novel thinking, original ideas and unique actions that drive new accomplishments and create visible lasting impacts.
Courage
The strength to conquer fear and summon inner strength and will power to take action as necessary. Ability to see the big picture and not be afraid to strategise to confront the most daunting obstacles against targeted accomplishments regardless of the work. The willingness to lead from the front.
Diligence
The ability for clear understanding, meticulous planning and unprompted willingness to get the job done to specified perfection. The quality to persevere in the required hardwork for a task or goal, without compromise or any brook of mediocrity at any level, low or high.
Excellence
Sound commitment to exceptional performance and accomplishment. The quality, hunger and focus to breast the tape with outstanding results for every single activity. The culture of doing all things extraordinarily. The passion to imbibe the shared vision, job ownership and stake in success of the organisation.
Integrity
The strength of character to be trusted. Fidelity to the ideals and ethics of behaviour and work. Keeping promises, unyielding commitment to truth and the earned assurance to be relied upon at all times by customers, partners, patrons, friends, family and the society. The highest value of all.
Excellence
Sound commitment to exceptional performance and accomplishment. The quality, hunger and focus to breast the tape with outstanding results for every single activity. The culture of doing all things extraordinarily. The passion to imbibe the shared vision, job ownership and stake in success of the organisation.
Ingenuity
Hunger and respect for knowledge, submission to the superiority of knowledge, the expansive ability for continuous learning and the painstaking deployment of knowledge to birth novel thinking, original ideas and unique actions that drive new accomplishments and create visible lasting impacts.
Diligence
The ability for clear understanding, meticulous planning and unprompted willingness to get the job done to specified perfection. The quality to persevere in the required hardwork for a task or goal, without compromise or any brook of mediocrity at any level, low or high.
Courage
The strength to conquer fear and summon inner strength and will power to take action as necessary. Ability to see the big picture and not be afraid to strategise to confront the most daunting obstacles against targeted accomplishments regardless of the work. The willingness to lead from the front.
Amplify Industry
Info Hub, Blog, Live Platforms, Newsletters, Magazines, Publications, Editorials, Features and Articles – Amplifying Industry Activities and Reputation to Frontline Status
Proliferate Supply
Pitch Partner, E-Model, C-Fi, H5-Matrix – providing ready supply of dynamic home options in abundance at all times for instant take-off.
Upraise Market
Exclusive Listings, Trading Portal – Drive, enable and facilitate the best and major transactions and trading activities largely on a digitally-driven backbone
Accelerate Techgration
Build, Deploy and Maintain tech infrastructure backbone for the hub, fully achieve 70% digitization of processes and transactions and be a primary platform for partners to rely on
Enable Acquisition
Enlistment of home ownership and intensive innovative facilitation for easy steady acquisition. Institute Specifications for Designs & Quality, to maintain strict output standards and using ratings for decision-making.
What We Do
Core Goals
&
Action Drivers
Info Hub
Info Hub, Blog, Live Platforms, Newsletters, Magazines, Publications, Editorials, Features and Articles – Amplifying Industry Activities and Reputation to Frontline Status
Market Hub
Exclusive Listings, Trading Portal – Drive, enable and facilitate the best and major transactions and trading activities largely on a digitally-driven backbone
Proliferate Supply
Pitch Partner, E-Model, C-Fi, H5-Matrix – providing ready supply of dynamic home options in abundance at all times for instant take-off.
Digitisation
Build, Deploy and Maintain tech infrastructure as backbone for the hub to digitise processes, transactions, communications and be a primary platform that partners can build upon and rely on
Standards and Ratings
Institute and Maintain Specifications for Designs, Materials, Prototypes, Quality, Planning etc to maintain strict output standards and using ratings for decision-making.
We do the HEAVY-LIFTING to supercharge the market ecosystem via a hub of inter-connected activities for optimal productivity and profitability of players and stakeholders.
Day-To-Day, we consistently engineer the market ecosystem with commercially viable innovations delivered through our MULTIPLE CHANNELS of ENGAGEMENT to proliferate supply, raise transaction intensity,amplify industry and enable easy-acquisition of “affordable housing” across SSA Countries.
Operational Architecture
Our Leading Action Drivers
Info Hub
Blog, Live Platforms, Newsletters, Magazines, Publications, Editorials, Features and Articles – Amplifying Industry Activities and Reputation to Frontline Status
Market Hub
Exclusive Listings, Trading Portal – Drive, enable and facilitate the best and major transactions and trading activities largely on a digitally-driven backbone
Proliferate Supply
Pitch Partner, E-Model, C-Fi, H5-Matrix – providing ready supply of dynamic home options in abundance at all times for instant take-off.
Digitization
Build, Deploy and Maintain tech infrastructure as backbone for the hub to digitize processes, transactions, communications and be a primary platform that partners can build upon and rely on.
Standards & Ratings
Institute and Maintain Specifications for Designs, Materials, Prototypes, Quality, Planning etc to maintain strict output standards and using ratings for decision-making.
We deliver our TARGET IMPACTs and SET GOALs simply by laser-focused execution of plans and actions through our MULTIPLE CHANNELS of ENGAGEMENTdriven on our formative tripod of INGENIOUS IDEAS, TARGET ACTIONS and DIGITAL BACKBONE.
Our Delivery Framework
Our Channels of Engagement
OUR OBJECTIVES
Our objectives comprises two parts – CORE and TARGET objectives.
CORE OBJECTIVES
1.
Proliferate Supply
-
Aggressively engineer the proliferation of private sector supply of “affordable housing” in SSA Countries to ensure constant availability of modern, quality homes for acquisition at all times.
2.
Guarantee Profitable Provision
-
Availing solutions to guarantee profitable provision of “affordable housing” by the private sector on a rolling, consistent basis.
3.
Enable Easy Acquisition
-
Providing instruments, systems and options to facilitate the easy acquisition of “affordable housing” by all active working persons in both formal and informal sectors.
4.
Amplify Industry
-
Aggressively deploying our digital engagement channels – Live Platform, Blog/Info Hub, Features, Weekly Newsletter, Monthly Magazine, Bulletins, Editorials, Interviews, TV Appearances, Radio Shows and so on to drive information and reinforced focus on “affordable housing” to elevate industry reputation, amplify its niche and attract higher regard for it within the larger housing sector.
5.
Maintain Standards
-
Providing clear technical definition for “affordable housing” and identifying the key distinguishing features and factors, and instituting technical and qualitative standards for grading and rating compliance for acceptability. Including price.
TARGET OBJECTIVES
1.
Minimum 100,000 Listings
-
Ensuring that a minimum of 100,000 “affordable housing” units are available on listing and ready for purchase at every turn of the month from the end of Year 2024.
2.
Minimum 20,000 Transactions Yearly
-
Availing solutions to guarantee profitable provision of “affordable housing” by the private sector on a rolling, consistent basis. Facilitating a minimum of 20,000 units per years through the private sector players.
3.
Minimum 10,000 Direct Units
-
Through out Dual Strategies, engage in direct development providing a minimum of 10,000 units of “affordable housing units” per year across the continent.
4.
Funding Innovation
-
Stream a carefully planned and strongly hedged funding backbone exclusively dedicated to driving and enabling proliferation of supply.
5.
Mortgage Innovation
-
Advance unique financial solutions to make mortgage start working for the African in our unique climes and become well adopted for home ownership.
6.
Informal Sector Coverage
-
Devising and deploying novel solutions to ensure a tracked and effective coverage and inclusion for the informal sector.
7.
Tech Innovation
-
Deploying massive integration of digital technology for the administration and transaction of “affordable housing” in SSA Countries..
8.
Awards & Recognitions
-
Float, sustain and maintain the prestige of a coveted annual award ceremony to track achievement, amplify accomplishments and give dignified recognition to the giant striders while serving as reinforcement for the instituted standards.
9.
Events
-
Institute and hold events of various types – conferences, exhibitions, direct interviews, ceremonies, roadshows, and so on to sustain the intensity of momentum in the industry across the SSA Countries.
Why AFFORDABLE HOUSING?
The Major Rationale:
“Affordable Housing” is the largest housing segment with the highest latent demand and has the highest capacity to bridge the housing deficit in SSA Countries.
1.
Largest Housing Segment
-
Constitutes over 60% of the housing sector over and above the other two counterpart segments.
2.
Highest Potential Demand
-
Provides the best opportunity of home acquisition for majority of actively working persons in sub-Saharan Africa thus the strongest attraction and concentration of active demand.
3.
Best Solution to Deficit
-
Being the largest housing segment with the highest potential demand, it has the highest capacity to effectively solve the problem of housing deficit in the SSA Countries.
4.
Fastest Rate of Absorption
-
It has the highest rate of market absorption far higher than the other two housing segments due to the volume of latent demand and extensive supply shortage.
5.
Wealth Creation Potential
-
It has the highest upward latitude of capital appreciation and thus provides the best catalyst for an assured leap unto the potential ladder of wealth creation.
Our Underlying Philosophies and Principles
This set of SIX beliefs and principles form the framework of our thinking and ideas in affordable housing, create the foundry for curating our ingenuous solutions and determine the impact focus of our target activities.
1.
WORKING PERSONS DESERVE SELF-OWNED HOMES
2.
PRIVATE-SECTOR COMMERCIAL VIABILITY – YES.
3.
HIGHEST POTENTIAL FOR HOME OWNERSHIP
4.
THE GOLD ACTION – PROLIFERATING SUPPLY.
5.
CLEAR DEFINITION AND EXCLUSIVE FOCUS
6.
NOT SOCIAL HOUSING
1. EVERY ACTIVE WORKING PERSON DESERVES A SELF-OWNED HOME.
We believe every working person DESERVES to live (alone or with family) in a HOME that is SELF-OWNED.
2. "AFFORDABLE HOUSING" IS COMMERCIALLY VIABLE ON PRIVATE-SECTOR BASIS
We believe that “affordable housing” can be profitably run on a private-sector, market-driven basis without dependence on Government or compromise of quality.
3. "AFFORDABLE HOUSING" IS THE LARGEST HOUSING SEGMENT WITH THE HIGHEST POTENTIAL FOR HOME OWNERSHIP
We believe that "affordable housing" is the largest housing segment and has the highest latent potential and widest latitude to accelerate home ownership to solve the vast housing deficit and achieve the goal of transiting housing from predominantly rental to predominantly ownership in SSA countries.
4. PROLIFERATING SUPPLY IS THE GOLDEN RULE
We believe the main instrument of driving affordable housing is an ingenious crack of the problem of supply. Over the years, focus has variously intensified in may other areas like funding, mortgage, income, title, system, foreclosure and so on with the least focus on driving supply intensively.
5. "AFFORDABLE HOUSING" REQUIRES CLEAR DEFINITION AND ISOLATION FOR EXCLUSIVE FOCUS
IN REAL ESTATE, "AFFORDABLE" IS NOT A GENERAL PREFIX. The general appropriation of "affordable" to all classes of properties is a misnomer. The term "affordable" has been adulterated and reduced to its literal meaning for pure marketing purposes. In housing, "affordable" is a
technical term exclusive to "AFFORDABLE HOUSING" only. We believe affordable housing needs to be clearly differentiated with its technical meaning and operational definition, and isolated away from the general property for exclusive focus.
6. "AFFORDABLE HOUSING" IS NOT SOCIAL HOUSING
We believe the low impact of "affordable housing" has largely been due to its false equivalence to "social housing". This has made practitioners and developers resign to the benevolence of Government and State Authorities. Social Housing is the exclusive responsibility of Government for the indigent and lowest class. "Affordable Housing" is for the actively engaged, self-sustaining working population who take responsibility for themselves and can obtain homes by themselves given the right enablement.
Our Underlying Philosophies and Driving Principles
This set of SIX beliefs and principles form the framework of our thinking and ideas in affordable housing, create the foundry for curating our ingenuous solutions and determine the impact focus of our target activities.
1.
ALL WORKING PERSONS DESERVE SELF-OWNED HOMES
2.
PRIVATE-SECTOR COMMERCIAL VIABILITY – YES.
3.
HIGHEST POTENTIAL FOR HOME OWNERSHIP
4.
THE GOLD ACTION – PROLIFERATING SUPPLY.
5.
CLEAR DEFINITION AND EXCLUSIVE FOCUS
6.
AFFORDABLE HOUSING IS NOT SOCIAL HOUSING
Our Partnership Approach
We adopt an interactive and wide collaborative approach.
We are open to ideate, partner and work with all stakeholders across board.
Who WE Are
We are a continental platform exclusively dedicated to driving “affordable housing” in sub-Saharan Africa.
At AACON, we are driving a hub of smart innovations, to isolate and exclusively drive “AFFORDABLE HOUSING” across the sub-continent.
We believe that “affordable housing”, properly conceptualised and driven, provides the fastest and most feasible opportunity for modern, quality home ownership for majority of working Africans and thus the highest potential to solve the vast housing deficits in the respective SSA countries.