Technology company, Ibuild marked its maiden entry into Kenya with a keen eye on East African market as it seeks to address the severe housing shortage in the country.
iBuild is a mobile application designed to provide a virtual marketplace that connects households wishing to contract the construction of a home with architects, lenders, permit issuing authorities, contractors as well as workers thereby providing all these stakeholders access to a ‘one-stop-shop’ for home construction.
The firm’s Kenya market director Aggrey Wangwe said that the move will
aim to reduce bottlenecks often faced by home seekers in accessing
construction and building services.
The app, according to Wangwe will provide access to affordable financing and reducing the cost of small scale home construction for Kenyans.
“This will revolutionize the housing and construction market in a big way. Previous engagements with the ministry of housing and the National Constriction Authority (NCA) have been fruitful. We are in talks with other stakeholders to enhance the use of this application that will go a long way in solving some of the challenges the market in presently facing,” he said
The platform also seeks to provide customers
with convenience in hiring skilled contractors, artisans and laborers and to
locate and place orders with reliable suppliers-all through a single virtually
accessible platform.
The firm is also hopeful that its entry
into the Kenyan market will help address the existing housing deficit in the
country’s housing sector.
Steven Umidha is a data and financial journalist with over 15 years of work experience in journalism and communication.
He specialises in finance and economics reporting as well as on the causes, impacts, and solutions of global warming, conservation, pollution and sustainability, often blending scientific literacy with journalist ethics, while involving policy analysis and multimedia storytelling across various platforms in highlighting issues from biodiversity loss to ecological justice.
He is the founder of Financial Fortune Media, and a Co-founder of One Planet Agency (OPA). He has previously worked with the Standard Media Group, Mediamax Networks LTD, bird story agency, Business Journal Africa, and Financial Post among other outlets.
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