Realty Africa clinches US$14m projects in Zimbabwe

REALTY Africa, a property crowd-funding platform providing investors with informed investment opportunities in Southern Africa, is working on two major projects in Zimbabwe worth US$14 million, which include the Victoria Falls eco hotel.

By Kudzai Kuwaza

Crowd-funding is the practice of funding a project or venture by raising monetary contributions from a large number of people, usually through the internet.

In an interview with businessdigest this week, Realty Africa co-founder and group CE Patrick Chella (pictured) said he was finalising plans for the Victoria Falls hotel and housing project.

“On the crowd funding, we are reviewing the business plans and financial services for a housing gated community in Harare and we have received all documents for the Victoria Falls eco hotel. These are quite exciting times,” Chella said.