DBillions signs partnership deal with AWI
DBillions PV City Nigeria Ltd., developers of Nigeria’s foremost fully solar-powered real estate masterpiece, has concluded and signed a partnership and investment arrangement with Aspire World Investment (AWI) LLC, a leading investment management outfit in Dubai, United Arab Emirates (UAE) with over $1.35 billion invested capital across the world.
With the equity investment by AWI, DBillions will be utilising the new investment to wrap-up its flagship project, DBillions PV City, located in Ibeju-Lekki region of Lagos State, Nigeria, with replicate across strategic cities in Africa and UAE.
The DBillions PV City is an ultra-modern mix-use development providing an eco-friendly environment with the most sophisticated amenities that support a balanced and healthy lifestyle.
It includes smart homes apartments, commercial spaces, state-of-the-art shopping mall, clinic, Montessori school, automated sewage system, community recreation hub, fibre-to-the-home infrastructure for high-speed internet connectivity, auto-garage and a masterpiece 16-floor skyscraper with a rooftop pool and helipad.
In parallel, the partnership sealed with AWI enlists DBillions as the Nigeria-representative and exclusive local organiser of the Aspire World Expo – the biggest and largest middle east investors platform for local and international markets – gathering 48 countries, 48 embassies, 48 chambers of commerce, over 4,800 investors and over 48,000 attendees annually.
Dr Munir Ahmed Chaudhary, President of AWI, buttressed the importance of the partnership with DBillions, stating that the partnership would help achieve sustainable growth in the Middle East and Africa’s real estate sector, towards the realisation of the Sustainable Development Goals (SDGs) of the United Nations.
Also, Mr Darlington Okani, the CEO/founder of DBillions, expressed confidence in the actualisation of the company’s masterpiece project, stating that the company, working with the best minds in the industry and a wide spectrum of key stakeholders, will move swiftly to deliver the DBillions PV City, located in the heart of the New Lagos region of Nigeria’s economic capital, and replicate same across Africa and UAE.
The partnership and investment signing event was also witnessed by the Chief Operating Officer/Head Counsel of DBillions, Ms TemitopeAlex-Duduyemi and the Managing Director, AWI, Saba Rajput.