Bosso Africa is seeking to address the lack of affordable housing for millions of people in Africa via its all-in-one user-friendly online marketplace that streamlines the sourcing of building materials for hardware stores, construction companies and individual builders. 

The Zambian-based startup partners with financial institutions to further access to finance, providing customers with opportunities for various financing options, including stock advances using the “buy now pay later” (BNPL) credit approach, mortgages and the “save now, build later” (SNBL) approach.

“The challenges and potential within Africa’s construction industry are immense and this presents a significant opportunity,” said Bosso’s CEO Chisepo Chirwa. “Bosso’s mission is to make affordable building materials universally accessible through our e-commerce platform, providing a faster, more cost-effective and efficient solution.”

Through strategic collaborations with manufacturers, Bosso Africa offers a diverse product range and improves transparency and efficiency for users in the construction supply chain which ultimately reduces transaction costs. 

“Most African governments are currently pushing for affordable housing for their citizens. Affordable housing however starts with the provision of affordable housing materials,” says Renew Capital’s investment and project manager for Zambia Calvin Chitangala. “Bosso’s innovative platform improves the sourcing of building materials in Africa and we are delighted to support them in their journey.”