Connect with us

Business

UK-Based Property Investment Company to Help South Africans Buy Low Interest Rate Property in the United Kingdom

Published

on

Baron and Cabot

This investment platform gives Africans a chance to invest in property with ease and without limitations

JOHANNESBURG, South Africa, October 19, 2022/APO Group/ — 

Baron and Cabot (www.BaronCabot.com) is helping South Africans acquire property in the U.K; South Africans to acquire low interest rate property in the U.K.

Baron and Cabot, a UK-based Property Company, is helping Africans to acquire property in the U.K with low-interest rates. South Africa’s, Kenya’s, Nigeria’s and Ghana’s middle class and business people have turned to the U.K to buy houses for renting out, mostly due to the high inflation in the countries, which has made acquiring Real Estate property very expensive and mortgage rates very high.

As of 2022, rising inflation has become a shared trend in Africa. Global supply disruptions caused by the COVID-19 pandemic and Russia’s invasion of Ukraine are some of the major factors responsible for inflation. Prices are set to rise even further, as Russia and Ukraine are major wheat suppliers to many African countries. Benin, for example, imports all its wheat from Russia, while imports to Somalia originated almost solely from Russia and Ukraine.

According to the IMF, Sudan has the highest inflation rate in Africa as of 2022. The rate reached roughly 245% owing to a long-running economic crisis and political instability. Zimbabwe ranked second on the list of African countries with the highest inflation, averaging 90%. The latest figures from the Zimbabwe National Statistics Agency show that the country’s annual inflation rate reached 191% in June from 132% in May, a 30.7% month-on-month increase. Statista, a German company specialising in consumer data, rates Ethiopia, Angola and Sierra Leon as the third, fourth and fifth most inflated countries in Africa, respectively. Ghana, Nigeria, South Sudan, Zambia and São Tomé and Príncipe are also on the top ten list.

House prices in South Africa have been growing every month. House price growth averaged 2.5% (before adjusting for inflation) in 2020, then rose by 4.2% in 2021. The latest inflation numbers show the biggest increase in five years. Much of this is due to rising fuel prices, and food inflation as a result of supply line disruption. These factors put pressure on the middle class, and can be expected to slow property growth.

We aim to help Africans with the ability to provide mortgages and buying of property through thorough research for the safety of their investment in the UK

In instances of rising inflation, rents rise along with the prices of goods and raw materials, with typical lease clauses allowing for rent to be marked up to the market to protect the investor in terms of net income. This happens in cities such as Accra, where property owners increase their rental prices annually by at least 10% to 15% to beat inflation. The rising cost of building materials in Kenya has pushed construction costs by an average of Sh3,000 per square meter, forcing constructors to hold ongoing projects. In Nigeria, most of the developers have jacked up their house prices by 40 to 50 percent.

“We have a mini bungalow selling for N6.5 million which was initially N4.5 million. While the price went up because of the building materials cost,” Adekunle Monehin, the managing Director of Tobykemsworth Investment Limited said in April 2022.

Egypt has seen been the most affected with the prices of building materials increased by up to 92% in March, according to a report issued by the Central Administration of Building Materials of the Ministry of Housing, Utilities and Urban Communities.

A great opportunity presented by the UK is that Africans can legally buy a property or have banks offer favourable mortgage terms for investment. This investment platform gives Africans a chance to invest in property with ease and without limitations. Thus, while seeking to invest in property, Baron & Cabot stands out to be the paramount property investment organization that an investor can trust throughout the investment process.

“Baron & Cabot is undoubtedly the fastest growing UK property investment company in the world,” remarks Mark Pearson, founder of Baron & Cabot. “We aim to help Africans with the ability to provide mortgages and buying of property through thorough research for the safety of their investment in the UK. As the demand for property investment rises within African investors, our main goal is to make sure the process of property investment always remains transparent and simple.”

Among the markets that Baron and Cabot has in Africa, Nigeria is the most lucrative. Baron and Cabot gets a very low mortgage rate for Nigerians in England. The rates range between 4.5% and 4%. It can be a 25-year mortgage, and it is changed every two and five years to get a lower mortgage rate. You don’t have to use cash to buy out the mortgage to change it, you move from one to another. Ghanaian investors are also exploring alternative investments. Pearson says that on average, they record transactions of up to 5 million pounds in West Africa monthly, with the bulk coming from Nigeria and a fair share from Ghana.

Investing in property in the UK is greatly considered to be one of the lowest risk investments in the world, with consistent long-term returns factored in by continuous growth within the country. Baron & Cabot has built a market-leading research strategy for the investor to simply choose what would be suitable for them. The investor is also granted a step-by-step guide on sourcing the right property to purchase in the UK. This gives the investor the power and confidence to ask the right questions for profitable property investment.

Distributed by APO Group on behalf of Baron & Cabot.

Business

Verdant Capital Hybrid Fund completes an additional investment of USD 4.5 million in LOLC Africa

Published

on

LOLC

The investment will support LOLC’s global expansion strategy in Africa, by financing MSMEs, thereby fostering financial inclusion, employment creation, income generation, and economic growth

Verdant Capital (www.Verdant-Cap.com) is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) has completed an additional investment of USD 4.5 million in LOLC Africa Singapore Limited (“LOLC Africa”). This investment brings the total investment in LOLC Africa to USD 13.5 million. This follows the initial investment of USD 9 million in LOLC Africa, completed in June 2023. Both investments are structured as holding company loans, and they are being directed towards LOLC Africa’s operating lending subsidiaries in Zambia, Rwanda, Egypt, Kenya, Tanzania, Nigeria, Malawi, Zimbabwe, Ghana, and the Democratic Republic of Congo.

Founded in 1980 in Sri Lanka, LOLC entered the African continent in 2018. Verdant Capital Hybrid Fund is the first external investor in LOLC Africa’s operations, reflecting the Fund’s catalytic investment approach. These investments are driving the expansion of LOLC Africa’s micro, small and medium enterprises (MSMEs) financing footprint across the continent. Additionally, the Fund’s Technical Assistance Facility (TAF), has offered financial support for LOLC Africa’s Social Ratings and Client Protection Pre-Certifications for its subsidiaries in Zambia and Egypt, with further Technical Assistance initiatives in the pipeline.

LOLC is recognised as one of the top-performing global microfinance groups, and the Fund’s investment aligns with its strategy of picking the top performers in each theme or category. LOLC’s business model focuses on the “bottom of the pyramid”, increasing access to MSME financing and customer deposits, thereby advancing it financial inclusion objectives.

The Fund’s investment will provide LOLC Africa with more funding to support and expand the lending activities of its existing subsidiaries in Africa, primarily targeting MSMEs. Furthermore, the investment will strengthen the capital bases of the existing and potentially new subsidiaries in Africa. LOLC’s expansion of the MSME lending model is not only about pursuing its commercial ambition but is also a commitment to sustainable and socially responsible growth. By extending tangible benefits to those communities at the bottom-of-the-pyramid, LOLC Africa promotes financial inclusion, job creation, income generation, and overall economic growth.

This investment represents a diversified exposure to multiple African markets as LOLC continues to scale its operations. The Fund’s investment is also yielding a return aligned with the Fund’s return target, reinforcing the value of supporting high-impact financial inclusion initiatives in emerging markets.

Suits & Advisors (“S&A”) acted as an advisor to LOLC on this transaction.

Distributed by APO Group on behalf of Verdant Capital

Continue Reading

Business

Ghana’s Downstream Regulator Joins Accra Investor Briefing to Advance Value Chain

Published

on

The Accra Investor

The Accra Investor Briefing will share insights into Ghana’s petroleum industry ahead of the African Energy Week: Invest in African Energies conference this September

ACCRA, Ghana, April 7, 2025/APO Group/ –With a goal to increase the share of liquefied petroleum gas (LPG) to 50% of the market by 2030, Ghana’s downstream regulator the National Petroleum Authority (NPA) is promoting private-led investment across the petroleum value chain. Strengthened policies and technology-driven strategies are already bolstering downstream productivity, but the NPA is seeking greater investment to strengthen fuel security and distribution across West Africa.

During the Invest in African Energies: Accra Investor Briefing on April 14, 2025, taking place at the Kempinski Hotel, the NPA’s CEO Godwin Kudzo Tameklo will outline strategies being implemented by the authority to strengthen the downstream value chain in Ghana. Tameklo is expected to highlight ongoing efforts to attract investment in downstream projects, while sharing an update on the country’s developments such as the Integrated Petroleum Hub, LPG expansion and broader infrastructure advancements.

As the downstream regulator, the NPA manages the importation and refining of crude in Ghana as well as the sale, marketing and distribution of refined petroleum products across the country. The NPA works to position the downstream sector as both a major contributor to domestic product growth and catalyst for long-term economic growth in Ghana. By leveraging technology and growth-centered policy, the NPA has led the growth of Ghana’s downstream industry.

With increased investment, Ghana stands to play a major part in enhancing fuel security across the broader West African region

In April 2024, the country witnessed a 15.4% growth in petroleum consumption, reaching 1,641 kilotons compared to 2023, as well as a 9% rise in gasoline consumption, reaching 588.5 kilotons. In 2024, LPG consumption also witnessed a surge, rising 7.25% throughout the year to reach 340 million liters. An increase in the adoption of LPG was largely attributed to the promotion of the Cylinder Recirculation Model by the NPA – a distribution system implemented in 2023 that allows residents and commercial consumers to utilize LPG through cylinder exchange. LPG adoption rose from 28.9% in 2010 to 60% in 2023, with LPG usage increasing from 18.2% in 2010 to 44.1% in 2023. Strategic LPG projects include the Puma Energy-owned LPG bottling plant in Tema – a $6 million facility with the capacity to deliver 1,200 cylinders per hour. A second plant is being developed by the Ghana Cylinder Manufacturing Company, with a capacity of 150 million cubic feet per day.

To further strengthen distribution, the NPA is leveraging innovative technology and policies that enhance efficiency and profitability across the downstream sector. These include the introduction of a new transparent automatic price adjustment formular, transitioning from an annual regulated pricing model; a zero-tolerance policy for toxic fuel and an increase in low sulphur fuels; as well as technology-based mechanisms such as the petroleum marking scheme, bilk road vehicle tracking project, electronic cargo tracking system and enterprise relational database management software. These mechanisms support efficient monitoring and ensure optimized quality and quantity of petroleum products in Ghana.

Beyond domestic petroleum distribution, Ghana is strengthening regional exports. In 2024, the NPA signed an agreement with Senegal and The Gambia to enhance petroleum product exports. Ghana already exports petroleum to regional neighboring, including Mali, Niger, Burkina Faso, Ivory Coast and Togo. According to the NPA, the volume of petroleum exports to regional countries from Ghana amounted to 385,154,100 liters. Over 5,000 service providers are registered in Ghana, delivering over four million metric tons of petroleum products annually.

“Ghana is a strong example of the role natural gas and associated LPG production plays in Africa. Through targeted policies, technology-driven mechanisms and a commitment to low-cost, reliable fuels, the NPA is leading the charge towards a more sustainable future in West Africa. With increased investment, Ghana stands to play a major part in enhancing fuel security across the broader West African region,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber

Continue Reading

Business

APO Group Revolutionises Press Release Distribution by Integrating Telegram, Boosting Mobile Accessibility Across Africa

Published

on

APO Group

APO Group is committed to ensuring that Africa’s stories are shared even more widely and in a manner that is convenient to the continent’s growing mobile population of journalists and news consumer

JOHANNESBURG, South Africa, April 7, 2025/APO Group/ –APO Group (www.APO-opa.com), the award-winning pan-African communications consultancy and press release distribution service, is pleased to announce the integration of Telegram, the popular mobile instant messaging service, into its press release distribution channels. This exciting new development, which sees the company’s press releases available on the mobile app, further cements APO Group’s position as Africa’s premier digital PR and communications firm, with unmatched reach and engagement in the online space.

With an annual dissemination rate of over 10,000 press releases to more than 250 news websites and 450,000 journalists and bloggers across the continent and globally, APO Group is committed to ensuring that Africa’s stories are shared even more widely and in a manner that is convenient to the continent’s growing mobile population of journalists and news consumers.

Telegram gives these users direct access to the press releases published on APO Group’s www.Africa-Newsroom.com platform, enabling them to instantly share relevant real-time updates and exclusive content with their target audiences. Like the web platform, Telegram subscribers can choose their preferred language channel – English, Arabic, French, or Portuguese – providing bespoke, tailored access to APO Group’s press releases in mobile format.

With close to 53 million downloads (https://apo-opa.co/3FWfLWh) in Europe, the Middle East, and Africa in 2024, Telegram has rapidly gained traction amongst the region’s users, fundamentally transforming how news is consumed. Incorporating Telegram into its already comprehensive press release distribution channels supports APO Group’s vision of delivering state-of-the-art communications solutions for Africa and the world.

“At APO Group, we’re not only committed to sharing positive and compelling narratives about the African continent; we also want to make it as easy as possible for journalists to republish our content, enhancing exposure for our clients through a channel that is widely accessible and easy to use, with an unlimited audience size. Tailored functionality ensures that information is relevant, topical, and presented in a user-friendly manner,” explained APO Group CEO Bas Wijne.

Innovation and digitalisation are key focus areas for us at APO Group when it comes to enhancing our press release distribution services

“Innovation and digitalisation are key focus areas for us at APO Group when it comes to enhancing our press release distribution services. Telegram presents us with a unique opportunity to further enrich our advanced distribution service, offering journalists a wider range of options to access and share Africa’s stories. This aligns with how the market is evolving, how users are evolving, and how the mobile market is growing.”

In addition to its comprehensive online Africa Newsroom press release distribution platform and the newly launched Telegram mobile news-sharing channel, APO Group is working to provide additional innovative mobile solutions to its clients and the African media in the near future, broadening distribution options even further.

Subscribe to APO Group’s Africa Newsroom Telegram channels using the following links:

English: https://t.me/Africa_Newsroom

French: https://t.me/Africa_Newsroom_FR

Arabic: https://t.me/Africa_Newsroom_AR

Portuguese: https://t.me/Africa_Newsroom_PT

Distributed by APO Group on behalf of APO Group

Continue Reading

Trending