A priority country, Reall has worked in Nigeria since 2014, in partnership with Millard Fuller Foundation (MFF) and The Affordable Housing Company (TAHCo).

With around 50% of its 220 million population now living in cities, Nigeria is experiencing rapid urbanisation at approximately 3.9% annually. Concurrently, the country faces a housing deficit estimated between 20 and 28 million units, and a need for at least 1m additional homes per year to bridge the housing deficit by 2033.

MFF have delivered over homes in Abuja, using a blended public and private finance. Reall has funded three developments: Grand Luvu 1 and 3b, and the adjacent Camp Luvu 2. The wider sit includes 180+ EDGE Advanced certified homes, and is currently in the process of certifying a further 64 homes, potentially though climate resilient retrofitting. Additionally, A major milestone was the 2020 sale of 248 homes to Assemblies of God Mortgage Bank, Reall’s in Africa.

TAHCo’s Kuje project in Abuja demonstrates a joint venture between Reall, TAHCo and a housing cooperative. Of the planned 99 homes, 68 are complete, with phase three underway. This project includes the first mortgages in Reall’s Africa Portfolio, a highly significant milestone in a country with only 25,000 mortgages across its 224+ million population, the majority of which mainly targeting higher income households. Many homeowners accessed subsidised 6% FMBN mortgages using National Housing Fund contributions as deposits. NSCDC, a 40,000-member cooperative, contributed land and prequalified buyers, while Reall . The project offers a replicable model combining institutional land, cooperative demand and private capital to accelerate affordable, green homeownership in Nigeria.

Reall’s experience in Nigeria demonstrates how blended finance, strategic partnerships, and cooperative-driven models can unlock affordable, mortgage-accessible housing at scale, while embedding climate resilience and green building standards in a highly constrained market.