Navigation: Global nigeria


A priority country, Reall has been operating in Nigeria since 2014.
With an urbanisation rate of over 4%, the demand for affordable housing is huge. The estimated housing deficit in Nigeria stands at 17m homes, and it is estimated that the completion of at least 1m homes per year is required to bridge the housing deficit by 2033.

Reall has partnered with the Millard Fuller Foundation (MFF), where they have delivered a 212 home project on the outskirts of the capital, Abuja. In 2019, the Centre for Affordable Housing Finance found that MFF provided the most affordable house from a private sector developer in the whole of Africa, at $8,040. MFF have also instigated a relationship with Family Homes Fund, a World Bank-backed fund promoted by the government of Nigeria. The Family Homes Fund has purchased almost all constructed homes on MFF’s Grand Luvu site for provision to families on low incomes.

MFF’s relationship with Family Homes Fund has enabled MFF to fully repay all construction loans to Reall.

People Housed 417
Jobs Created 2,120
People with Improved Water 417
People with Improved Sanitation 417
Women and Children Housed 375
Number of Projects 3
Total Invested $ 3,443,270

Delivery of Homes


Basic Homes
Total Expected
In Progress

Client Data

Household Demographic Data
Household Size
Proportion Female
Proportion Children
Proportion Elderly

Nigeria Project Finances

Displayed In

Investments — Reall to Affordable Housing Partners

Total Project Investments
NGN 1,318,679,955
$ 3,443,270
NGN 1,278,423,955
$ 3,338,156
NGN 40,256,000
$ 105,114

Based on exchange rate on 31-Dec-20

Market Shaping Indicators: Key Indicators

Displayed In

2. Construction & Investment

% of urban population living in slums, informal settlements, or inadequate dwellings

Close menu
Country Year Data Source Value
Cote d'Ivoire 2014 World Bank 27.45%
Ghana 2014 World Bank 20.25%
Kenya N/A
Morocco 2014 World Bank 13.1%
Mozambique 2014 World Bank 27.2%
Nigeria 2014 World Bank 50.2%
Tanzania 2014 World Bank 51%
Uganda N/A

3. Sales & Rental

Price of the cheapest, newly built dwelling by a formal developer or contractor

2,900,000 NGN$7,651.72

Urban See all MSI countries
Close menu
Country Year Data Source Value
Cote d'Ivoire 2018 Site d'annonce et promotion dans l'immobilier en Côte d'Ivoire 15,500,000 CFA$27,087.48
Ghana 2019 Damax Construction Co. Ltd 108,704 GH₵$19,621.66
Kenya 2019 Tsavo Real Estate 4,000,000 Ksh$37,037.04
Morocco 2019 Various real estate websites 250,000 DH$27,027.03
Mozambique 2016 Casa Minha 3,418,491 MZ$48,147.76
Nigeria 2019 Millard Fuller Foundation; Shelter Origins 2,900,000 NGN$7,651.72
Tanzania 2018 CAHF 37,966,107 TZS$16,508.58
Uganda 2019 Various property developers 125,000,000 UGX$34,097.11

3. Sales & Rental

Number of residential mortgages outstanding


National See all MSI countries
Close menu
Country Year Data Source Value
Cote d'Ivoire N/A
Ghana N/A
Kenya 2019 Central Bank of Kenya 27,993
Morocco N/A
Mozambique N/A
Nigeria 2019 NMRC 32,260
Tanzania 2019 Bank of Tanzania and Tanzania Mortgage Refinance Company Limited 5,460
Uganda N/A

5. Enabling Environment

Ease of Doing Business index rank: Global


National See all MSI countries
Close menu
Country Year Data Source Value
Cote d'Ivoire 2020 World Bank 110
Ghana 2020 World Bank 118
Kenya 2019 World Bank 61
Morocco 2020 World Bank 53
Mozambique 2019 World Bank 74
Nigeria 2020 World Bank 131
Tanzania 2020 World Bank 141
Uganda 2020 World Bank 116

6. Economic Environment

GDP per capita

659,159 NGN$1,739.21

National See all MSI countries
Close menu
Country Year Data Source Value
Cote d'Ivoire 2018 World Bank 1,024,171 CFA$1,789.82
Ghana 2019 World Bank 11,489 GH₵$2,073.83
Kenya 2018 World Bank 173,272 Ksh$1,604.37
Morocco 2018 World Bank 30,725 DH$3,321.62
Mozambique 2018 World Bank 30,772 MZ$433.41
Nigeria 2018 World Bank 659,159 NGN$1,739.21
Tanzania 2018 National Bureau of Statistics; World Bank 2,297,020 TZS$998.80
Uganda 2018 World Bank 2,357,327 UGX$643.02

7. Demand

Population size


National See all MSI countries
Close menu
Country Year Data Source Value
Cote d'Ivoire 2017 World Bank 24,437,469
Ghana 2019 World Bank 30,417,856
Kenya 2017 World Bank 50,221,473
Morocco 2017 World Bank 36,471,769
Mozambique 2018 World Bank 29,495,962
Nigeria 2017 World Bank 190,873,311
Tanzania 2018 World Bank 56,318,348
Uganda 2017 World Bank 41,487,000

Want the latest data?

Be notified each time our data is updated by joining our mailing list.

Want to download this data? Click here to access our data explorer.

Sign up to data notifications

Privacy Statement and Terms & Conditions

Data last updated on 10/03/2021