To entrench the culture of monthly rental in Africa, Rent4Less by Alpha Mead has raised a fixed-rate series one $1 million private placement bond. The Senior Secured Private bond, issued by Alpha Mead is another milestone in the series of the company’s expansion strategies to increase access to shelter and perpetuate the culture of monthly rent payment across the continent’s housing and office markets.
Rent4Less by Alpha Mead is a rental scheme designed to support individuals and small businesses with flexible, monthly pay-as-you-use rent for homes and offices.
According to Managing Director of Alpha Mead Development Company (AMDC), the subsidiary of Alpha Mead Group that oversees Rent4Less, Damola Akindolire, said: “The funding is coming as a result of an outstanding early growth of the product and the trust that the investment community reposes in Alpha Mead…
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News Archive from before July 2018