AWIP accelerates the rollout of its urban real estate investment platform in W/Africa
Orisemeke Benjamin
AfricaWorks Investment Partners (AWIP) says it is accelerating the rollout of its investment platform dedicated to the acquisition, repositioning and operation of mixed-use urban real estate assets in West Africa.
The announcement made Tuesday comes after the company swiftly closed its first vehicle (AWIP 1) in 2025.
According to AWIP, the platform confirms the relevance of its positioning, built on operational excellence, a deep understanding of user needs and rigorous investment discipline.
Founded in 2025 by Grégoire Schwebig and Anthony Anziani, AWIP was designed as a natural extension of the AfricaWorks model.
The platform targets high-potential urban assets located in the main economic hubs of West Africa, with the goal of repositioning them into mixed-use buildings combining offices, coliving, hospitality and services, operated directly by AfricaWorks.
This approach ensures alignment between investment strategy, operations and long-term value creation.
Established in 2019, AfricaWorks is now present in seven cities across six African countries, with more than 25,000 sqm of operated space and a base of over 1,000 clients, primarily international and regional companies. This operational backbone lies at the heart of the AWIP model, reducing execution risk and securing asset performance throughout the entire.
lifecycle, in markets characterized by rapid urbanization and growing demand for flexible, well-operated spaces.
The first vehicle, AWIP I, was closed in summer 2025 in less than three months, raising €4 million from leading private investors. The capital has been fully deployed into the acquisition of two off-market assets in Dakar and Lagos, validating the relevance of the strategy, the governance framework in place and return assumptions aligned with international standards.
Building on this initial success, AfricaWorks Investment Partners is preparing the launch of AWIP II, targeting €10 million in equity and a closing planned for Q2 2026.
“From the outset, AfricaWorks was built as an operational platform, close to the needs and realities of the companies we support every day. With AWIP, we invest only in assets that we know how to operate, improve and upgrade over time, through a disciplined approach rooted in the realities of African markets,” said Grégoire Schwebig, Founder and CEO of AWIP.
AWIP II will focus on acquiring and developing four to five real estate assets, primarily in Abidjan and Dakar-targeting assets of around 5,000 sqm while maintaining a selective approach to other high-potential markets, with the ambition of building a coherent portfolio of benchmark urban assets in West Africa.
