AH AFRICA

What AH AFRICA does

AH Africa is the West African real estate development subsidiary of Moroccan family-controlled conglomerate ALH Holding, created in 2021 and headquartered in Abidjan, C\u00f4te d'Ivoire, with a regional team in Dakar, Senegal. The company develops integrated residential and commercial real estate projects targeted at middle-to-upper-middle-class families and professionals in West African urban centers, with a stated pipeline of 3,500+ housing units across four projects: R\u00e9sidence K\u00e9par (approximately 900 apartments and 70+ commercial units in Dakar), Villas Salam (approximately 50 contemporary villas near Dakar, with Tranche 1 delivery expected in 2026), B\u00f4 R\u00e9sidence (approximately 800 apartments and 50 commercial units in Abidjan), and R\u00e9sidence Y\u00ear\u00e9 (approximately 1,500 apartments and 90 commercial units located 30 minutes from Abidjan).

The company's core technology and methodology centers on EDGE (Excellence in Design for Greater Efficiencies) certified construction for measurable energy and water efficiency, with R\u00e9sidence K\u00e9par certified as the first EDGE-certified project in the region and an 8,500 m\u00b2 central park as a defining feature. AH Africa inherits ALH Holding's 65+ years of real estate expertise and a Moroccan track record of 30,000+ units delivered across multiple brands (Miftah Immobilier, Alma Immobilier, H\u00e9ritage Immobilier), supported by a MAD 3.5 billion+ group-level investment commitment disclosed in 2024.

AH Africa's revenue model combines one-time residential unit sales to individual buyers with managed commercial rental income from integrated shop and retail spaces. GTM is primarily direct-to-consumer: dedicated project websites, direct sales teams in Dakar and Abidjan, and partnerships with local authorities for regulatory alignment and urban integration. The company sells to retail property buyers with no named enterprise or institutional customer concentration. Strategic direction emphasizes geographic expansion into Ghana and Benin while deepening the Ivorian and Senegalese footprints under Saad Bennani's leadership since 2021.

Name

AH AFRICA

Legal name

ALH HOLDING

Website

https://alhoceinia.ma

Company type

Private

Founded year

1957

Operating status

Operating

Headcount range

11–50 employees

Short description

AH Africa is the West African real estate development subsidiary of Moroccan conglomerate ALH Holding, developing integrated EDGE-certified residential and commercial projects in Senegal and C\u00f4te d'Ivoire with 3,500+ units under construction.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Multifamily Housing Construction (except For-Sale Builders) (236116), New Housing For-Sale Builders (236117), Land Subdivision (237210), Residential Building Construction (2361)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Site Preparation & Civil Works (Clearing, Grading, Earthworks, Roads) (EUAMAFAA)

Keywords

• Residential real estate
• Urban housing development
• Sustainable construction
• Integrated residential complexes
• West African property

Headquarters

HQ city

Dakar

HQ country

Senegal

HQ region

Africa

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Residential Real Estate Sales: AH Africa generates revenue through the development and sale of residential units including apartments and villas in Senegal and Côte d'Ivoire. Projects include Résidence Képar (900 apartments), Villas Salam (50 villas), Bô Résidence (800 apartments), and Résidence Yêré (1,500 apartments).
2. Commercial Space Rental: Each residential development includes commercial units (shops and retail spaces) that generate rental income, including 70+ units at Résidence Képar, 50 at Bô Résidence, and 90 at Résidence Yêré.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

AH Africa develops and sells residential real estate in West Africa, building integrated apartment complexes and luxury villas in Senegal and Côte d'Ivoire under EDGE-certified sustainable construction standards. Projects include Résidence Képar (900 apartments), Villas Salam (50 villas), Bô Résidence (800 apartments), and Résidence Yêré (1,500 apartments), with 3,500+ total units under development. Each project combines residential units with commercial shops and green spaces, generating revenue through unit sales and commercial rental income.

Product overview

AH Africa operates as a diversified real estate development company in West Africa, functioning as the international subsidiary of ALH Holding (a Moroccan conglomerate founded in 1957). The company offers a portfolio of residential projects across Senegal and Côte d'Ivoire, including mid-range apartments (Résidence Képar, Bô Résidence, Résidence Yêré) and luxury villas (Villas Salam). Projects emphasize sustainable development with EDGE certification, integrated green spaces, and quality construction, positioning AH Africa as a regional developer focused on urban development in West Africa.

Differentiator

Problem solved

Functional benefit

Brands

• Miftah Immobilier: Brand dedicated to social and affordable housing development in Morocco
• Alma Immobilier
• Héritage Immobilier
• Atlantic Education
• ALH Hospitality

Products and services

• Résidence Képar A residential complex of approximately 900 apartments and over 70 commercial shops organized around an 8,500 m² central park in Dakar, Senegal. EDGE certified for energy and water efficiency, targeting middle-class families and professionals in Dakar.
• Villas Salam Approximately 50 contemporary-design villas near Dakar, Senegal, each with private garden and rooftop, targeting upper-middle-class buyers seeking premium residential properties.
• Bô Résidence A residential complex of 800 apartments and approximately 50 commercial units in Abidjan, Côte d'Ivoire, combining modern architecture with environmental integration, targeting middle-class urban buyers in Abidjan.
• Résidence Yêré A large-scale residential complex comprising 1,500 apartments and 90 commercial units located 30 minutes from Abidjan, Côte d'Ivoire, offering residential attractiveness and rental potential for buyers and tenants.

Quantifiable outcome

• EDGE Certification achieved for Résidence Képar, with 8,500 m² of green spaces

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Local Authorities - SenegalcoreStrategic or Co-development Partner · 1 January 2021AH Africa works in synergy with local authorities in Senegal to develop projects aligned with urban dynamics and regulatory requirements. The partnership ensures projects meet local development goals and obtain necessary approvals.
• Local Authorities - Côte d'IvoirecoreStrategic or Co-development PartnerPartnership with Ivorian authorities for project development in Abidjan, including strategic positioning near the ocean in expanding urban zones. The collaboration supports regulatory compliance and local development integration.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Mixta Africa: Pan-African affordable and mid-range housing developer with prior operations across multiple African markets, comparable to AH Africa's cross-border West African residential development strategy.
• Addoha Group: Morocco's largest publicly-listed residential developer, focused on affordable and mid-range housing at massive scale, comparable to AH Africa's volume-driven multi-family residential construction model.
• Eko Atlantic City (South Energyx): Large-scale master-planned real estate development in Lagos targeting premium residential and commercial buyers, comparable to AH Africa's mega-project (Résidence Yêré at 1,500 units) and integrated commercial-residential approach.
• Groupe Alliances: Major Moroccan real estate developer with diversified portfolio across multiple price segments and geographic expansion ambitions, directly comparable to AH Africa / ALH Holding in terms of integrated residential project model and multi-segment positioning.
• Landmark Africa: Nigerian premium and mid-market real estate developer with integrated residential and commercial offerings, comparable to AH Africa's mixed-use, quality-construction positioning within the West African market.
• Palmeraie Développement: Moroccan integrated real estate developer combining residential and hospitality offerings with master-planned community design, similar to AH Africa's mixed-use, amenitized development approach.
• Société Générale de Construction Immobilière (SGC Immobilier): West African real estate developer with multi-country residential project portfolio across Francophone Africa, comparable to AH Africa's geographic expansion model within Senegal and Côte d'Ivoire.

Emerging players

• Shelter Afrique: Pan-African housing finance and development institution supporting residential developers across the continent, partially comparable as a West African housing ecosystem peer that AH Africa could partner with or compete against for project capital.

Market position

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@ALHHOLDING
• LinkedInlinkedin.com/company/ah-africa

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AH AFRICA