To build 123 new modern Regenerative SMARTERu-Urban Cities across Africa with 123 million new homes and 123 million permanent jobs. Each of the 55 African Union Member States have the opportunity to have built 1, 2 or 3 new Regenerative SMARTERu-Urban Cities over the next 20 years, funded by AFRICA123 Development Fund. This initiative will alleviate the medium to long- term burden of rampant urbanization that threatens Africa, diverting the current mass migration from under developed rural areas to already overcrowded cities. This will be achieved through at scale creation of employment, and delivery of housing, education and healthcare as each new Regenerative SMARTERu-Urban City is built in carefully identified locations. This Pan-African initiative will kick-start the long-awaited Africa-wide Economic Transformation. AFRICA123 will significantly impact all the United Nations Sustainable Development Goals, which may well be a source to capitalize the AFRICA123 Development Fund. 

This Pan-African initiative will kick-start the long-awaited Africa-wide Economic Transformation. Africa123 will significantly impact all 7 African Union Agenda 2063 Aspirations and all 17 United Nations Sustainable Development Goals (See detailed diagrams with definitions on Regenerative SMARTERu-Urban Cities page.

Now is the time to 1 – Identify, 2 – Plan and 3 – Build new Regenerative SMARTERu-Urban Cities, impacting every African living and for generations to come. This much needed modernization of Africa is not a tomorrow consideration. AFRICA123 is a now initiative that opens the door for Africa to the 4 th Industrial Revolution and the Digital Age, at scale.

By 2063, over 1.5 billion more Africans will be living in African cities, bringing the total African population to over 3 billion of which 80% or 2.4 billion will be living in cities. Current African cities are grossly inadequate and unable to deal with this rapid urbanization. This onslaught and Africa’s inability to feed, educate, care for, transport and generally provide basic services in new urban areas is at a tipping point. The ever- increasing percentage of destitute and homeless individuals adds further strain to already struggling economies of all African countries. There is an urgent need to build new urban settlements that are designed to be resilient, adaptive and focused on food, water and energy security, hence this coordinated approach to stimulate change through macro forces of continental proportions.

Africa urgently needs to build new urban settlements that are regeneratively designed, resilient, adaptive and focused on food, water and energy security.

AFRICA123 is an initiative by Regen Africa in association with communiTgrow Africa, who invite all Africans and the world to become Africa’s strategic partner in this must be done African initiative. AFRICA123 is fully aligned with the African Union’s Agenda 2063 Aspirations and the United Nations’ 17 Sustainable Development Goals.

Each new Regenerative SMARTERu-urban City’s location, design and planning will be co-ordinated by Regen Africa and communiTgrow supported by a team of international built-environment specialists guiding a team of local professionals and consultants from that specific country of each city-build. Implementation of each city-build will be delivered by local professionals, consultants, suppliers, contractors and workers in conjunction with strategic international service providers with transparent oversight to ensure unprecedented impact at scale to transform Africa into a developed continent.

International Finance & Construction

AFRICA123 as a coordinated African initiative can only be achieved with the initial financial support of the international community, creating a historical and unique opportunity for the world to collaborate with Africa as never before. Besides the upliftment and modernization of Africa, stimulating the global economy by US$ 20 trillion over the next 20 years.

AFRICA123 provides the world capital markets with the opportunity to deploy long-term infrastructure capital and to harness and incorporate the world’s expertise throughout the African continent utilizing global manufacturing capacity for decades to come. Capital, principally in the form of preferential soft loans to fund the Peak Funding requirement of US$150 billion to build all 123 new Regenerative SMARTERu-urban Cities resulting in over US$ 20 trillion in EPCM+F (Engineering, Procurement, Construction, Management & Finance) and BOT (Build, Operate and Transfer) contracts as a global economic stimulus. The African Union Development Agency (AUDA) has expressed its support for AFRICA123 as a Continental Urban Development Framework to assist in delivering on African Union’s Agenda 2063 Aspirations.

With the Peak Funding secured, the roll out of the initial bulk infrastructure, internal services and first phase top strctures is a certainty. The locals employed initially to build each new Regenerative SMARTERu-urban Cities will purchase their completed units and be funded through a Residential Mortgage Bond Fund. A Residential Mortgage Bond Fund associated with each new Regenerative SMARTERu-urban City allowing Africans to purchase their home via mortgage finance would be a first north of Southern Africa. The revenue generated from the first phases of homes will be rolled-over to finance the subsequent phases until project completion. The Securitized Home Loans Company will securitize the existing new loans to replenish its funding capabilities for the balance of the project with uptake of the securitized bonds by each country’s financial and pension fund industry.