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Omega Smartbuild East Africa

In 2010, Norfund provided a loan to this project through the Small Enterprise Loan mechanism. Omega Smartbuild are, together with German partner Omega, architects and project managers of housing and construction projects in Sub-Saharan Africa.

Only a minority of Sub-Saharan Africa’s citizens have the opportunity to own their own home, because of the high costs and lack of financing. Omega Smartbuild’s construction technology allows the company to build environmentally friendly housing at a lower cost and at a faster pace than the traditional method of using bricks. The first project was set up in Uganda, and the company is in the process of introducing new projects to other markets in the region.


  • Sector: Construction
  • Investment year: 2010
  • Instrument: Loan
  • Committed amount (MNOK): 2.0