
Executive Summary
LivSpace is an innovative real estate company based in Benin, focused on renovating underused and deteriorated properties to create modern, sustainable, and high-value living and commercial spaces. By combining local expertise, technology, and impact-driven investment, LivSpace enhances property value, supports inclusive urban development, and generates employment opportunities in construction and property management. Our mission is to transform Africa’s housing sector by addressing the gap between demand for quality real estate and the current underdeveloped market. LivSpace offers investors a scalable, socially responsible, and profitable opportunity to participate in projects that drive economic growth, environmental sustainability, and community development. LivSpace is seeking USD 5,000,000 in equity investment to scale its property renovation platform across Benin and West Africa, enhance operational capacity, expand sustainable real estate projects, and create measurable social and economic impact. Executive Team Summary LivSpace is led by a dynamic and multidisciplinary founding team combining expertise in data science, real estate, sustainable development, and business strategy. The team has a proven track record of delivering impactful projects, managing complex operations, and leveraging technology to solve real-world problems. Founder & CEO – Imelda HOUNKANRIN Imelda is a Data Scientist and social impact entrepreneur with extensive experience in leadership, project management, and digital innovation. She has successfully led initiatives focused on youth empowerment, urban development, and community projects, demonstrating strong strategic vision and execution capability. Her passion is to transform the real estate sector in West Africa by combining profitability with measurable social impact. Chief Operations Officer – Charles Joel DJIKPESSE The COO brings hands-on experience in construction management and real estate operations, having overseen multiple renovation and property development projects in Benin and the region. They ensure operational excellence, quality control, and timely project delivery. Chief Technology Officer – SAID. A The CTO is responsible for the digital platform and technology integration, including property listing management, renovation workflow optimization, and data-driven decision making. Their background includes software development, platform scaling, and digital innovation in emerging markets. Advisory Board & Key Experts LivSpace is supported by a network of industry advisors, real estate specialists, and impact investors, providing guidance on market trends, ESG standards, financing, and sustainable development practices. Together, this team combines technical expertise, local market knowledge, and strategic vision to ensure that LivSpace not only delivers profitable projects but also creates long-lasting social and environmental impact. Their diverse skill set and complementary experience make the team uniquely capable of scaling LivSpace across Benin and West Africa, bridging the gap between quality real estate, inclusive urban development, and sustainable growth. LivSpace is currently in the early stage of operations, focusing on pilot renovation projects in Benin. While the company is not yet fully profitable, initial projects have demonstrated positive cash flow potential and strong demand for high-quality renovated properties. Revenue Generation: LivSpace has begun generating revenue through rental income, property valuation enhancement, and service fees from renovation projects. Initial pilots indicate a revenue growth potential of 150% annually as the platform scales and additional properties are renovated and listed. Profitability: While full profitability is expected to be reached within 2–3 years, the business model has been carefully designed to ensure scalable margins. Renovation costs are optimized through local partnerships with certified artisans, and property management operations are digitalized to reduce overhead. Financial Projections: Year 1: Focus on piloting 5–10 properties, projected revenue USD 200,000–300,000. Year 2: Expansion to additional cities and 20–30 properties, projected revenue USD 600,000–900,000. Year 3: Full-scale operations across multiple West African cities, projected revenue exceeding USD 2,000,000. Investment Use: The USD 2,000,000 equity investment will fund property renovations, digital platform enhancement, operational scaling, and marketing, directly contributing to revenue growth and long-term profitability. Financial Management: LivSpace employs strict financial controls, transparent reporting, and ESG-compliant practices. Regular monitoring and reporting ensure investors can track performance, ROI, and social impact metrics. In summary, LivSpace combines a scalable business model, early revenue traction, and measurable social and economic impact, making it a promising investment opportunity in the West African real estate sector. The real estate and property renovation market in West Africa, particularly in Benin, is experiencing rapid growth driven by urbanization, population growth, and rising demand for quality housing. Despite strong demand, much of the existing housing stock is underutilized, poorly maintained, or outdated, creating a significant gap between supply and market needs. Market Size and Potential: Urban population in Benin is projected to grow by over 4% annually, increasing demand for both residential and commercial real estate. The real estate sector currently contributes approximately 6–8% to GDP in Benin, with the informal and underdeveloped property market representing an untapped opportunity. Across West Africa, millions of underused or deteriorating properties exist, providing a large potential pipeline for renovation and value enhancement. Trends and Opportunities: Rising demand for sustainable, high-quality housing — consumers increasingly prefer modern, well-maintained, and environmentally friendly homes. Digitalization of property management — technology platforms are transforming how properties are listed, rented, and renovated, creating opportunities for tech-enabled solutions like LivSpace. Impact-driven investment — there is growing interest from impact investors in projects that generate social and environmental benefits, including job creation, community development, and green renovations. Fragmented and underdeveloped sector — the lack of professional renovation services and property management platforms leaves space for market leadership by early movers. Target Market: LivSpace targets property owners seeking renovation and value enhancement, as well as tenants and businesses looking for affordable, high-quality residential and commercial spaces. Secondary market includes investors and developers seeking partnerships in sustainable and scalable property projects. Competitive Landscape: While there are traditional construction and property management firms, few combine technology, sustainability, and social impact at scale. LivSpace differentiates itself through its digital platform, local partnerships with certified artisans, and ESG-compliant operations, creating a first-mover advantage in Benin and West Africa. Market Outlook: The demand for renovated, modern, and affordable properties is expected to continue growing, supported by urban migration, economic development, and increasing awareness of sustainability. LivSpace is positioned to capture significant market share, delivering measurable financial, social, and environmental returns to investors.
Opportunity Overview
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Country of Incorporation
About Us
This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.
Contacts List
Imelda HOUNKANRIN
As the CEO of Aroma, I am responsible for leading and overseeing all strategic and operational activities of the company....
About Us
This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.
List of Products
| Code | Level | Title | Definition |
|---|---|---|---|
| 93142003 | Commodity | Urban investment programming services | |
| 70131702 | Commodity | Land evaluation | |
| 70131701 | Commodity | Land use planning | |
| 93142004 | Commodity | Slum redevelopment services | |
| 80131603 | Commodity | Sale of residential land | |
| 80131802 | Commodity | Real estate appraisal and valuation service | |
| 80131503 | Commodity | Land leases | |
| 80121606 | Commodity | Real estate law | |
| 72102906 | Commodity | Landscape architecture service | Service involving the design and development of landscapes |
| 80131803 | Commodity | Real estate listing services |
About Us
This opportunity has been posted by a member of our Africa Business Community, Africa’s leading business network. We use AI to match our members to the most attractive business and investment opportunities in Africa. As a member you can add any number of business opportunities and will receive Africa business opportunities matched to your chosen country and business sector preferences. Membership is free. Our dashboards are powered by AFSIC – Investing in Africa, perhaps Africa’s most important investment event.
