Lagos: Mr Kudzai Mukuku, President of the Africa Investment Leaders Forum, emphasizes the crucial role of innovation, sustainability, and green urban development in advancing Africa’s real estate and construction sector. Mukuku shared his insights during an interview with the News Agency of Nigeria, highlighting expectations for the upcoming 2026 Africa Real Estate and Construction Awards (ARECA).
According to News Agency of Nigeria, Mukuku points to the sector’s ongoing expansion across the continent, with projections indicating it could surpass 1.2 trillion dollars by 2030. Key drivers of this growth include Nigeria, Egypt, South Africa, and Kenya. He underscores the importance of acknowledging stakeholders who have championed best practices and fostered collaboration to navigate Africa’s evolving built environment.
Mukuku, also the CEO of the Africa Real Estate and Construction Summit, announced that the awards ceremony will take place in Lagos on May 22. The event will address key areas such as commercial and residential development, sustainable construction, innovation, and leadership in urban planning. ARECA 2026 aims to honor initiatives that exemplify excellence and contribute to investment growth and knowledge exchange within the sector.
Beyond recognition, Mukuku highlights that the platform will offer stakeholders an opportunity to examine emerging trends shaping infrastructure delivery and housing development in African cities. The award categories will include best commercial development, best residential project, sustainable building of the year, innovative construction solution, rising star in real estate, and leadership in urban development.
‘The awards aim to spotlight pioneering efforts that drive sustainable growth, foster innovation, and promote regional collaboration across Africa,’ Mukuku stated. Participants will also have the opportunity to tour key development projects in Lagos, gaining insights into the city’s evolving real estate landscape. Hosted by the Africa Real Estate and Construction Summit, the awards will recognize excellence, innovation, and leadership across Africa’s real estate and construction sectors.