Alpha Mead Group
- Sector: Industry
- Country of operations: Nigeria
Nigeria’s Alpha Mead Group, founded in 2006, is a diversified real estate services company, offering property and facilities management, real estate and infrastructure development, training, security systems and more.
This is an important area of economic activity in Nigeria given the housing and infrastructure deficits that the country suffers from. Such gaps continue to provide opportunities for the company, particularly when it comes to demand for housing from the country’s rapidly growing middle class.
“Our real estate and infrastructure business leverages modern building technology to build homes faster and in more cost-effective ways,” says CEO Femi Akintunde. “On the other hand, the infrastructure arm of the business focuses on working with public sector stakeholders, especially in healthcare and civil works, to improve the state of the nation’s infrastructure stock to improve the quality of lives of the citizens.”
While Nigeria may face challenges in these areas, its relatively stable socio-political and economic environment means it continues to be a big draw for foreign investors. Tapping into demand in this area is an important part of the group’s business and it has focused its facilities management business on commercial and office space.
“Foreign direct investment is increasing demand for facilities management services, particularly from companies requiring global best practice and high service standards to support their operations,” says Femi. “Our facilities management business relies on strong international standards and local capacity to help our customers optimise their operational cost, increase efficiency and create a safe, secure and comfortable physical environment for them to live, work or play.”
A further promising area of activity has come from the growing interest of the government in public private partnerships. “We have taken strategic steps to actively prepare for this, investing in terms of people, capacity, systems, technologies and capabilities in the last five years,” says Femi.