Billionaire Kola Aluko, Ozwald Boateng, David Adjaye Kick Off $500 Million Pan-African Infrastructure Project

Ozwald Boateng OBE, international designer and co-founder of the Made in Africa Foundation and Chris Cleverly, CEO, alongside David Adjaye OBE, architect of the Smithsonian Institute, Washington and the Nobel Peace Centre, Oslo, presented their vision to the Government of Uganda on the Foundation&#39s lead project: the urban regeneration of 160 acres of the Naguru-Nakawa areas of Kampala, Uganda.

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Kola Aluko (L) with Ozwald Boateng at the launch of the Made In Africa at NASDAQ in September 2013

This project comes under the Africa 50 alliance between the Made In Africa Foundation (MIAF) and the African Development Bank (AfDB), which OnoBello.com earlier reported here

Working closely with the developer, Irish billionaire, Brian Comer of Comer Group, and influential Ugandan Prince Hassan Kimbugwe, the Foundation has enabled the building of the first of 1,000 affordable homes of the first phase of the development to begin.

Made in Africa Foundation co-founder, Nigerian Oil and Gas entrepreneur Kola Aluko, said: “For the Made in Africa Foundation to have made such a significant contribution to a project of this importance is a remarkable achievement and is a testament to our belief in making things happen, rather than just talking about them.”

Commenting on the Presentation, Boateng said, “This project has been able to advance dramatically due to the funding provided by the Made in Africa Foundation. So many projects in Africa get stuck at the first hurdle, but the Naguru-Nakawa project has now achieved major milestones, including attracting the talents of world-renowned architect, David Adjaye, who has proposed an iconic office campus employing thousands of Ugandans which will form the center-piece of the New Kampala. We are very proud of what the team on the ground has achieved.”

The Naguru-Nakawa project will eventually provide in excess of 3,500 residential units, a church, school, offices, hotels, shopping malls, restaurants and leisure facilities: in short, a satellite town that will provide a model to be replicated across Africa.

 

Photo Credit: Getty Images


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