31st Dec 2025 10:20
(Alliance News) - Eco Buildings Group PLC on Wednesday said it now expects to receive the initial EUR1.8 million deposit for its Senegal joint venture in mid-February 2026, marking a key step forward for the project.
The London-based designer, manufacturer and builder of modular housing said the payment is due from its JV partner, G2 Invest Group LLC, under the strategic partnership in Senegal.
Eco Buildings added that it is actively securing additional residential construction projects in Senegal, with the scale of confirmed housing commitments set to determine the final configuration and number of production lines to be deployed under the joint venture.
The company said this approach is intended to ensure capital deployment remains closely aligned with contracted demand, supporting operational efficiency and scalable growth.
Eco Buildings shares were 0.3% higher at 16.40 pence in London on Wednesday morning.
By Eva Castanedo, Alliance News reporter
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