Mixta Africa has demonstrated resilience in a challenging business environment, as its full-year 2025 performance shows increased property sales and an approved dividend payout to shareholders.
The company is a frontline pan-African real estate developer with over 20 years of experience and more than 30,000 homes delivered across Nigeria, Senegal, Tunisia, Morocco, Algeria, Egypt, Mauritania and Côte d’Ivoire.
At its 18th Annual General Meeting (AGM), held at The Club House, Lakowe Lakes Golf and Country Estate, Ibeju-Lekki, Lagos, the company’s shareholders approved a dividend payout of N12.60 per ordinary share held.
The company, in a statement at the weekend, assured that the dividend will be paid on September 30, 2026, to shareholders whose names appeared in the Register of Members as at September 2, 2026.
The shareholders also adopted the audited financial statements for the year ended December 31, 2025, which recorded a significant increase in property sales during the year.
Group revenue from the sale of properties rose to N42.7 billion, compared with N15.0 billion in 2024, while profit after tax was N22.1 billion compared with N23.6 billion in the preceding year.
During the year under review, Mixta continued to expand access to affordable homes, delivering 152 homes at Ibudo Wura in Lagos and Marula Park, with eligible buyers accessing mortgage financing at 9.75 per cent through the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF).
The company also continued to sharpen its geographic focus, with the business refocused on Nigeria and Senegal following its exit from Morocco, Tunisia and Côte d’Ivoire.
‘After years of building our platform and securing strategic partnerships, we converted potential into performance. Our theme, ‘Beyond the Blueprint’, captures this transition from planning to execution at scale,’ Oladapo Oshinusi, the company’s chairman, noted in his reaction to their performance.
Deji Alli, the Group Chief Executive Officer, assured that the company would build on the progress recorded during the year.
‘We have invested in key assets in a number of countries and developed strong strategic partnerships that continue to enhance our delivery capabilities. Our focus in 2026 is on accelerating delivery, restoring margins and converting scale into sustained shareholder value,’ he said.
Alli revealed that Mixta will also break ground next year on Garden City Golf Annexe in Rivers State, its first MREIF-aligned development outside Lagos. More than 500 homes are currently under construction across Lagos and Port Harcourt, reflecting the company’s continued focus on housing delivery.
The shareholders also re-elected four retiring directors and re-appointed Deloitte and Touche as the company’s external auditors.