Jobomax Homes Secures Funding From Nimba Fund To Expand Affordable Housing In Guinea

Jobomax Homes, a major affordable-housing developer operating across West Africa, has secured a strategic investment from Nimba Fund, Guinea’s first structured venture capital vehicle.

The deal, announced jointly in Conakry and Philadelphia, aims to accelerate Jobomax’s mission to expand access to quality housing and unlock long-term housing finance in Guinea, a market where mortgages remain scarce and homeownership largely inaccessible.

Jobomax has delivered hundreds of homes to diaspora and local buyers across Guinea, Ghana, Cameroon, and Sierra Leone, but says financing gaps remain the biggest barrier for families. Backed by Niandan, Nimba Fund’s active management will support the creation of a local-currency housing finance structure, allowing more Guinean households to secure credit and enter the property market.

Executives from both sides described the partnership as a catalyst for inclusive growth, bringing capital, regional expertise, and an impact-focused investment approach to strengthen Jobomax’s expansion across the continent.