🇧🇫Burkina FasoWest Africa
Sablux Group advances KASMA project and unveils new 1,300-home development in Burkina Faso
via Lefaso.net3 min read
The Sablux Group is expanding its real estate footprint in Burkina Faso with the KASMA project and the announcement of a new development comprising over 1,300 homes. The KASMA project, spanning approximately 6,000 m², is a mixed-use development featuring residential buildings of 10 and 12 stories, alongside a 15-story office tower. Four months after construction began on the first 10-story building with 40 apartments, the foundation stone was laid for residential building A, which will have 39 apartments, and a 15-story professional-use building. A partnership agreement was signed with Coris Bank International to facilitate access to housing and make Sablux's offerings more accessible to buyers. Additionally, Sablux Group introduced a second major real estate project to build over 1,300 homes on a 5-hectare site. This program will be implemented in eight phases, with the first phase estimated to take between 36 and 46 months. Léopold Manga, Sablux's Director General, stated that these initiatives aim to actively transform the real estate landscape and support urban growth. Mikaïlou Sidibé, the Minister of Construction of the Homeland, noted that these projects align with the authorities' vision for vertical construction, urban densification, and building elevation. Gisèle Gumedzoe Ouédraogo, Director General of CBI, congratulated Sablux Burkina and emphasized CBI's commitment to supporting such initiatives beyond just financing. Sablux Burkina Faso, established in Ouagadougou
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