Bitprop creates assets and income streams for underdeveloped markets by enabling investment into backyard rental property at a macro scale. Using innovative thinking and technology, Bitprop secures title deeds and manages rental income for those that need it most.
To date:
THE PROBLEM
Africa is urbanizing at a rate of 23 million people per year. This is more than China and double that of India.
The increasing housing demand, coupled with a lack of systems and supply, results in high property prices.
By 2030, 3.1 billion people will live in sub-standard housing. This is 36% of the world’s population.
65 Million housing units are required across Africa at a cost of $10 trillion.
THE SOLUTION
Help micro-property owners secure their title (asset) and develop their property to secure income (rent) in a sustainable and replicable manner.
WHAT WE DO
Bitprop attracts investment from multiple sources and uses it to build flats and secure rental income for each homeowner, generating a return for the investor at the same time.
THE TEAM
Carl Fredrik Sammeli cfs@bitprop.com
Songezo Noninzi social@kuhleqp.co.za
Glen Jordan glen.jordan@bitprop.com
Claire du Trevou claire.dutrevou@bitprop.com
Dylan Walls dylan.walls@bitprop.com
Sebastian Hitchcock sebastian.hitchcock@bitprop.com
Carl Fredrik has 25 years of experience in entrepreneurship, business development, sales, strategy, public affairs, marketing, communication and crisis management.
impact ENTREPRENEUR
IMPACT ENTREPRENEUR
Glen Jordan
Glen Jordan is an impact entrepreneur and has been involved in the creation and development of successful impact businesses long before impact became an investment category.
