African cities are growing exponentially,adding an estimated 15 to 18 million people a year-averaging to 40,000 to 50,000 people every day. In the coming decades, Africa's urban population is projected to grow 45 percent faster than the population as a whole.By 2040 half of Africa's population will live in a city.

The growth of cities comes with an increasing demand of land for housing, services, jobs, and other aspects of urban development. Yet housing is rarely affordable. This leaves half of the urban population with no other alternatives but to live in slums and informal settlements under poor, overcrowded conditions.

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Scarce urban land for housing development, increasingly high construction material and infrastructure costs, as well as a lack of land and housing policies and legislation, all lead to rising housing costs and tenure insecurity.

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Housing finance in Africa is generally limited, with 85% of dwellers unable to secure housing due to high down payment requirements, short loan periods, and high interests rates.

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While there are great challenges, they are not insurmontable.

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TMG appreciates the value of purchasing land and developing it into quality residential and commercial buildings.

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Therefore, as part of TMG Real Estate development group program, we have bought a series of land in Cote d'Ivoire precisely in Bouafle for our affordable housing projets.