Home Afrika
Home Afrika is a publicly listed Kenyan real estate developer (NSE, MIMS) building and selling master-planned communities, land plots, and residential units across Kenya for individual homebuyers, diaspora investors, and small commercial occupiers, supported by property management services.
- Company typePublic
- Founded2008
- HeadquartersNairobi, Kenya
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Home Afrika does
Home Afrika Limited is a Nairobi-based, publicly listed real estate developer incorporated in Kenya in 2008 and listed on the Nairobi Securities Exchange (NSE) under the Main Investment Market Segment (MIMS), with regulatory oversight from the NSE and the Capital Markets Authority (CMA). The company develops and sells serviced land plots, residential apartments and villas, and commercial office space within master-planned communities across Kenya, serving individual homebuyers, diaspora investors, and small commercial occupiers through three physical offices in Nairobi, Kisumu, and Nanyuki, supported by a dedicated Diaspora Desk.
The product portfolio spans more than 10 master-planned developments, anchored by the 774-acre Migaa Golf Estate (which includes Mukinduri Ridge, Noble Park phases, and the 82-unit Mitini Scapes residential project) and the 96-acre Lakeview Heights community in Kisumu, plus the Morningside Office Park commercial building (36 suites, 98% occupied) on Ngong Road. Pricing ranges from entry-level residential plots at KSh 400,000 (Tulivu Gardens, Naivasha) to a premium KSh 25,000,000 tier (Juja Prime Garden), with flexible payment plans and installment options supporting affordability for first-time buyers. The company reports 1,245+ title deeds issued and 8,768+ investors served cumulatively.
The business model combines one-time license revenue from land and built-unit sales with recurring property management and letting fees for Morningside Office Park and Mitini Scapes. Go-to-market is primarily direct-to-consumer through on-site relationship managers, Open Days and site visits, plus website-driven self-service browsing. A digital platform for plot discovery, site-visit booking, and document access is operational on the web, with iOS and Android apps announced as coming soon. There is no evidence of proprietary technology, AI/ML capability, or API offering in the source material; the core capability is in land assembly, master-planning, regulatory compliance, and end-to-end transaction support, including title deed processing for diaspora buyers.
Home Afrika firmographics
Firmographics- Name
- Home Afrika
- Legal name
- Home Afrika Limited
- Website
- https://homeafrika.com
- Company type
- Public
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Home Afrika is a publicly listed Kenyan real estate developer (NSE, MIMS) building and selling master-planned communities, land plots, and residential units across Kenya for individual homebuyers, diaspora investors, and small commercial occupiers, supported by property management services.
- Ownership category
- akta.pro rank
Home Afrika industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Offices of Real Estate Agents and Brokers (5312), Residential Property Managers (531311)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531), Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth) (BPAJADAJ)
Keywords
Where Home Afrika is headquartered
LocationHeadquarters
- HQ city
- Nairobi
- HQ country
- Kenya
- HQ region
- Africa
Offices3 records
Markets served
Home Afrika business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Land Sales: Sale of serviced and unserviced land plots within master-planned communities across Kenya. Properties range from KSh 400,000 to KSh 25,000,000 with flexible payment plans available.
- Residential Unit Sales: Sale of completed residential units including apartments and villas. Mitini Scapes offers 1-bedroom apartments from KSh 6,500,000 and 3-bedroom houses from KSh 13,000,000.
- Property Management & Letting: Professional property management services including marketing, tenant screening, rent collection, maintenance, and ongoing communication. Currently managing Morningside Office Park (36 office suites) and Mitini Scapes (82 units).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Entry-level residential plots starting from KSh 400,000 |
| Unit Pricing | Pay-as-you-go | Residential apartments and houses |
| Subscription | Monthly | Flexible payment plans available |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Home Afrika product offering
Product offeringCore offering
Home Afrika is a Kenyan real estate developer that acquires, plans, and sells serviced and unserviced land plots and built residential units within 10 master-planned communities across Kenya (including the 774-acre Migaa Golf Estate, the 96-acre Lakeview Heights in Kisumu, and Morningside Office Park in Nairobi). The company also provides professional property management and letting services for its commercial and residential assets and operates a dedicated Diaspora Desk that supports Kenyan investors abroad throughout the purchase and title-deed process.
Product overview
Home Afrika is a publicly listed real estate development company on the Nairobi Securities Exchange that operates a multi-product portfolio consisting of land sales, built house sales, property development, and property management services. The core offering centers on master-planned communities and land development projects across Kenya, with flagship developments including Migaa Golf Estate (a 774-acre gated golf community), Mitini Scapes (82-unit residential apartments and villas), and Morningside Office Park (commercial offices). Land products span multiple brands across different regions: Lakeview Heights in Kisumu, Mukinduri Ridge and Noble Park in Kiambu, Tulivu Gardens and Zuri Garden in Naivasha, Batian View in Nanyuki, Kerobi Plain in Isinya, and Lango on the coast. Supporting services include property management & letting, diaspora investment desk, and a digital platform for property browsing and site visits.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Development End-to-end real estate development of master-planned communities, residential apartments, villas, and commercial office spaces in Kenya, including flagship projects Migaa Golf Estate, Mitini Scapes, and Morningside Office Park. Targeted at individual and diaspora property buyers.
- Land Sales Sale of serviced and unserviced residential land plots within Home Afrika's master-planned communities across Kenya, with prices ranging from KSh 400,000 to KSh 25,000,000 and flexible payment plans available. Targeted at individual homebuyers, families, and diaspora investors.
- House Sales Sale of completed residential units, including townhouses, apartments, and villas within Home Afrika's master-planned communities such as Mitini Scapes, with 1-bedroom apartments from KSh 6,500,000 and 3-bedroom houses from KSh 13,000,000. Targeted at homebuyers and property investors.
- Property Management & Letting Professional property management services including marketing, tenant screening, lease preparation, rent collection, maintenance, and ongoing owner-tenant communication. Currently managing Morningside Office Park (36 office suites) and Mitini Scapes (82 units). Targeted at owners and investors of Home Afrika and third-party properties.
- Diaspora Investment Services End-to-end property investment support service for Kenyans living abroad, covering enquiries, documentation, payment processing through multiple channels (bank transfer, cheque, mobile money, online), title deed issuance, and dedicated relationship manager support. Targeted at diaspora Kenyan investors.
- Migaa Golf Estate A 774-acre gated community master development off Kiambu Road, featuring an 18-hole championship golf course, club house, residential plots, and integrated commercial and social amenities. Targeted at premium home buyers and investors.
- Mitini Scapes 82-unit signature residential development of modern apartments and elegant villas within Migaa Golf Estate. Targeted at discerning homeowners and property investors.
- Morningside Office Park Ultra-modern 36-suite commercial office development along Ngong Road in Nairobi, fully sold and achieving 98% occupancy under Home Afrika's property management. Targeted at commercial property investors and tenants.
- Lakeview Heights 96-acre master-planned residential and investment community in Riat Hills, Kisumu, overlooking Lake Victoria, offering phased 50x100 plots with recreational centres and gated-community features. Targeted at residential buyers and diaspora investors.
Quantifiable outcome
- 1,245+ title deeds issued to buyers
- +4 more outcomes
Companies that use Home Afrika
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Home Afrika technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Home Afrika partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights6 records
Home Afrika competitors and assessment
Company assessmentRegional players
- Pam Golding Properties: Pam Golding is a regional African real estate brand with East African operations, overlapping with Home Afrika in premium residential brokerage and property management services.
Direct peers
- Tilisi Developments: Tilisi is a Kenyan master-planned development with residential, commercial, and industrial land offerings targeting owner-occupiers and investors, overlapping with Home Afrika's value proposition.
- Optiven Limited: Optiven is a Kenyan real estate developer focused on selling serviced plots and homes in master-planned communities, with a national footprint and diaspora channel that mirrors Home Afrika's core offering.
- Cytonn Investments: Cytonn is a Kenyan investment and real estate development firm building residential and mixed-use communities, positioning it as a direct competitor for plot and unit buyers in Kenya.
- Stanlib Fahari I-REIT: Stanlib Fahari I-REIT is a Kenyan REIT listed on the NSE that invests in income-producing real estate, making it the closest listed real estate comparables for Home Afrika's NSE-listed property portfolio.
- Hass Consult Limited: Hass Consult is a long-standing Nairobi real estate firm offering development, brokerage, and property management services, directly comparable to Home Afrika's integrated development-plus-management model.
- Mi Vida Homes: Mi Vida Homes is a Kenyan residential developer building master-planned communities and apartments, competing with Home Afrika in the entry-to-mid-tier housing segment.
Broad incumbents
- Knight Frank Kenya: Knight Frank Kenya provides real estate brokerage, advisory, and management services in Kenya, competing with Home Afrika on brokerage, letting, and valuation-adjacent services.
- Centum Investment Company Plc: Centum is an NSE-listed investment company with major real estate holdings (e.g., Two Rivers), making it a broader-incumbent listed peer with overlapping Kenyan real estate exposure.
- Old Mutual Property Kenya: Old Mutual's Kenyan property arm manages and develops commercial and residential real estate, making it a broad-incumbent peer in property management and asset development.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Home Afrika social profiles
Digital presenceHome Afrika financial estimates
Financial estimateRevenue estimate
Valuation estimate
Home Afrika leadership team
Management profileNumber of profiles
Profiles4 records
Home Afrika funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Home Afrika M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Home Afrika
What does Home Afrika do?
Home Afrika is a Kenyan real estate developer that acquires, plans, and sells serviced and unserviced land plots and built residential units within 10 master-planned communities across Kenya (including the 774-acre Migaa Golf Estate, the 96-acre Lakeview Heights in Kisumu, and Morningside Office Park in Nairobi). The company also provides professional property management and letting services for its commercial and residential assets and operates a dedicated Diaspora Desk that supports Kenyan investors abroad throughout the purchase and title-deed process.
Is Home Afrika a public or private company?
Home Afrika is a public company. It is classified as public and is currently operating.
When was Home Afrika founded?
Home Afrika was founded in 2008. It employs 51 to 100 people.
Where is Home Afrika based?
Home Afrika is headquartered in Nairobi, Kenya, in the Africa region.
How does Home Afrika make money?
Three revenue lines are on record. Land Sales are the primary driver. The others are residential Unit Sales and property Management & Letting.
Who are Home Afrika's main competitors?
Pam Golding Properties is listed as a regional player. Direct peers are Tilisi Developments, Optiven Limited, Cytonn Investments, Stanlib Fahari I-REIT, Hass Consult Limited and Mi Vida Homes. Broad incumbents are Knight Frank Kenya, Centum Investment Company Plc and Old Mutual Property Kenya.
Does Home Afrika have an API?
No public API is recorded for Home Afrika.
What industry is Home Afrika in?
Home Afrika's product category is Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of BPAJADAJ, Transitional/Development Land Brokerage (Entitled, In-Path-of-Growth). Its NAICS code is 5312 and its SIC code is 6552.