Seso Global, Africa’s leading digital property marketplace, is delighted to announce a groundbreaking partnership with Ecobank Liberia and T.A. Braithwaite that will allow Liberian diaspora around the world to access Liberian real estate like never before. This collaboration will offer a range of attractive mortgage products, specifically designed to facilitate secure, convenient, and affordable real estate ownership in Liberia.
This strategic partnership builds upon Seso Global’s commitment to fostering growth in emerging African real estate markets. Recognizing the diaspora as a key driver of investment, Seso Global and Ecobank Liberia will enable Liberian citizens abroad to seamlessly participate in Liberia’s dynamic property market through an innovative digital platform. Visit the website at https://ecobankliberia.seso.mortgage/.
Seso Global’s CEO, Daniel Bloch explained “We’re excited to join forces with Ecobank Liberia. This collaboration is a win-win situation as it will foster investment in Liberia’s property market, while empowering Liberians abroad to connect with their roots and achieve their dream of homeownership.”
As a subsidiary of Ecobank Transnational Incorporated (ETI), Ecobank Liberia benefits from the immense prestige, experience, and support of Ecobank Group, the leading pan-African banking group. Ecobank Group’s extensive network across 33 African countries fosters a deep understanding of the continent’s diverse economic landscapes and financial needs. This knowledge, coupled with Ecobank Liberia’s in-depth understanding of the Liberian diaspora and local market dynamics, creates a powerful synergy that will undoubtedly benefit Seso Global clients and Liberian diaspora communities alike. Ecobank Africa’s robust financial resources will further solidify the partnership, ensuring the efficient execution of this groundbreaking initiative.
Ecobank Liberia’s CEO Dr Edward Nartey Botchway in his statement indicated that “the product has been diligently tested and it is the first mortgage product of its kind in the Liberian market and it is of the highest standards. The benefits of this product is enormous for the Liberia market and it can be a catalyst to supercharge the economy”.
Des Braithwaite the Chairman of TA Braithwaite commended the trio of Ecobank, Seso Global and TA Braithwaite on the launch of the Diaspora Mortgage product for the Liberian market.
He stated that “being a new product, specifically designed for the retail market, TA Braithwaite had to ensure that the product meets the regulatory requirements of the countries of origin, being the United States, Canada, the United Kingdom, and the European Union. We have also as a collective ensured that the product meets our customers’ needs and their consumer rights”.
On the destination side, where the financed assets are based, Des Braithwaite explained “in as much as the product transverses a number of African countries, the myriads of regulations have as well been taken into consideration to ensure that the customers assets are secured”.
He further stated that “the insurance products arranged for and around the Diaspora Mortgage product, ensured the credit protection of the borrower, and the exposure of the lender”.
The platform is live and ready to accept applications for home purchasing in Liberia with the plan for the partners to scale the product across Africa to further Seso Global’s mission of providing secure transactions for real estate purchases.
Seso Global’s Chief Commercial Officer, Kweku Essien, noted “We are grateful to Management and the Ecobank Liberia Team for their collaborative effort in launching this landmark product. This is the first step towards bringing this important solution to other African countries in collaboration with Ecobank Group“.
About the Mortgage Product
The mortgage product can be accessed at https://ecobankliberia.seso.mortgage/. This innovative mortgage product allows users to search verified properties that have been approved by the bank for mortgage. Users can make a request and fill out the mortgage applicaiton through the digital forms provided. Utilizing your KYC and credit score from your home country in the diaspora the users will be approved for the mortgage purchase in Liberia. This digital platform will accelerate the rate of mortgages disbursed and provide confidence to buyers that their home in Liberia is of high quality and secure.
About Ecobank Liberia
The bank was incorporated as a private limited liability company and obtained a license to operate as a commercial bank on August 16, 1999. As at June 10, 2021, there are nine (9) licensed commercial banks in Liberia with Ecobank Liberia maintaining the leading role. The Bank currently has nine (9) branches and several cash centers as well as over 33 ATMs and 90 POS meeting the needs of our esteemed customers across the Country. The Bank also has over 200 agent locations to deliver banking services to valued customers.
About Seso Global
Seso Global has established itself as Africa’s most trusted property marketplace, providing a unique one-stop-shop for digital real estate transactions. The Seso Global app offers a diverse range of properties and real estate services in Africa, providing home buyers and investors with a comprehensive platform. This guarantees a secure and efficient end-to-end property purchasing journey, ensuring a seamless experience along the real estate value chain. With Seso Global, you can effortlessly purchase affordable properties in Ghana and Nigeria online and embark on your investment journey the right way. Explore the possibility of owning beach property in Ghana, and browse through our extensive property listings in Ghana to find your perfect investment opportunity. Visit our website here: www.seso.global
About T.A. Braithwaites
T. A. Braithwaite (Insurance Brokers) & Co Ltd was established in Lagos in April 1958 as the first indigenous Insurance Broking Company in Nigeria. In 1968 T. A. Braithwaite Insurance Brokers Ltd was established in England. Both companies operating uninterrupted for over half a century makes them one of the most experienced Africa focused Insurance brokers in our specialized areas of Insurance.
The company specializes in the financial Non-Payment, Trade Finance and Political Risk areas of Insurance; and their clients are multilateral financial institutions, Banks, Funds, Commodity traders with exposure to African banks, Corporates and Governments. T.A. Braithwaites is Authorized and Regulated by the Financial Conduct Authority (FCA) of the United Kingdom and Nigeria Insurance Commission (NAICOM)
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