The Company was incorporated on April 26, 2012 as a Private Limited Liability Company to acquire Afribank Estate Company Limited via a Management Buy-Out process. However, following the acquisition of Afribank Plc by AMCON and the various changes in the management of the bank, the transaction could not progress as desired. Management re-strategized and a new company was born. Afriprops Development Company Limited seeks to be the leading infrastructure, real estate and property management company of choice for Nigerians. It is a private sector initiative for the development of prime properties to fill the supply-demand gap in real estate and infrastructure sectors of the Nigerian economy. The future of the company is clear and bright considering the outstanding performance its management demonstrated in turning around the fortunes of Afribank Estate Company Limited within a period of three Years and re-positioned it as a major competitor in the market before the intervention by AMCON.

We demonstrate absolute expertise in core areas such as: real estate development, infrastructure concessioning, infrastructure contracting and property management for the Nigerian middle class and upper class. It is not only our business, but passion, to develop affordable and world class residential estates, office complexes and mixed use properties in a serene, secure and top-choice areas in Nigeria. We put our customers first, as our products are targeted at a mix of various strata of the society with the ideal business opportunity of high return on investment through superior yields.

Engr. Charles Njoku ,FNSE leads a very experienced management team at Afriprops Development Company Limited. While serving on the management and Board of the Afribank Estate Company Limited and UAC Property Development Co. Plc, Engr. Njoku amongst several large-scale projects, initiated and completed the following: Eldorado Villas, Lagos - comprising of four, five - bedroom detached houses in two locations; Pearl Estate Lagos, comprising of 4 units of 4 bedroom town houses and 8 units of 4-bedroom semi-detached houses. In addition, Fairtrade Business Complex, Abuja which is an ultra-modern business complex Also, Liberty Estate Ajah , a site and service scheme and has been fully subscribed; New Dawn Estate Magboro, Ogun State is also a site and service scheme on 70 Acres, Phases 1 &2 of this project has been completed and is fully subscribed. Head Office Complex of Sidmach Technologies Nigeria Limited at CBD Alausa, Ikeja on 6 floors with basement parking and fully serviced was handled by us from concept to design, construction and management before hand over to the client. Other projects are; conceptualization and management of the Nigeria Society of Engineers building at Alausa, Lagos; management and development of the UPDC PLC Cable Point Estate (30 units of residential houses fully serviced), Lekki, Lagos; Pinnock Beach Estate (Site and Service Scheme on 90 hectares), Niger Towers – 3 blocks of 18 floors each of luxury flats with pent flats was completed; the Securities and Exchange Commission head office building in Abuja; and renovation of the 1004 Estate in Lagos.