#Guinea #Nimba Fund #Conakry #Jobomax

Nimba Fund's Strategic Investment in Jobomax Homes

On October 7, 2025, the news broke that Nimba Fund has made a strategic investment in Jobomax Homes, a leading home builder catering to the needs of diaspora and local communities across West Africa. This investment, managed by Niandan, marks a significant step towards enhancing access to affordable housing and home financing in the Republic of Guinea.

Jobomax Homes has established a robust presence not just in Guinea but also in other West African nations such as Ghana, Cameroon, and Sierra Leone, delivering hundreds of homes to both diaspora buyers and local families. Despite this progress, the demand for affordable housing in Guinea remains unmet. There’s a pressing challenge faced by families who struggle to access mortgages and long-term financing solutions.

The influx of investment from Nimba Fund will support the creation of a financing structure that operates in the local currency, aimed at broadening homeownership prospects for families in Guinea. Robert Hornsby, co-founder and CEO of Jobomax, emphasized the transformative potential of this investment, stating, “The Nimba Fund's investment will allow us to accelerate our mission of providing homeownership access to more families across Africa.” He further noted the company’s intent to strengthen their presence in core markets while exploring new opportunities continent-wide.

Alexander Tounkara, founder and general manager of Niandan, the fund manager for Nimba Fund, echoed the sentiment, calling Jobomax the kind of impactful, growth-oriented company that the fund intends to support. “Together we aim to increase the number of affordable homes in Guinea and establish a financing system that grants families access to loans for homeownership,” he said.

John Block, Chief Investment Officer of Jobomax, pointed out how the partnership with Niandan offers not just financial backing but also a shared long-term vision. “With Niandan as our investor, we have a partner who understands our goals. Their roots in West Africa and their focus on impact investing provide us with valuable perspectives to scale our initiatives,” Block added.

The significance of this funding extends beyond merely constructing houses—it's about creating a platform for inclusive growth across Africa. Niandan is a venture capital and consulting firm dedicated to fostering inclusive and sustainable growth throughout West Africa. Headquartered in Conakry, the company manages the Nimba Fund, which is Guinea's first venture capital fund focusing specifically on impactful projects.

Jobomax Homes continues to set the standard in providing affordable housing solutions for both diaspora and local buyers across West Africa. With their operations spanning Guinea, Ghana, Cameroon, and Sierra Leone, the company aims to deliver homes priced between $30,000 and $250,000, making it feasible for low to mid-income families to achieve their dream of homeownership.

As this investment unfolds, the collaboration between Nimba Fund and Jobomax has the potential to transform the housing landscape in Guinea, addressing the critical need for safe and affordable living options, and offering hope for many families who dream of homeownership. This venture illuminates the pathway for financial institutions and businesses to play a constructive role in alleviating housing shortages, thereby contributing to the overall socio-economic development of the region.