
Eco Buildings Group PLC (LSE:ECOB) has announced its expansion into West Africa with the launch of Eco Buildings Senegal LLC, a new subsidiary formed in collaboration with Dakar-based G2 Invest Group. As part of the agreement, G2 Invest is investing €1.75 million for a 35% equity stake, which will fund the development of a new production line to fulfill a substantial housing order—10,000 units—from a Senegalese government entity.
This move marks a major milestone in Eco Buildings’ international growth strategy and signals strong global interest in its innovative modular construction solutions. The company’s glass fiber reinforced gypsum (GFRG) technology is designed to deliver fast, sustainable, and cost-effective housing, addressing urgent residential needs while positioning the firm for significant revenue and cash flow gains.
About Eco Buildings Group PLC
Eco Buildings is a pioneer in sustainable prefabricated housing, leveraging GFRG panel technology to offer scalable solutions for both affordable and premium housing markets. With an emphasis on rapid construction, eco-friendliness, and operational efficiency, the company is expanding its global footprint to meet rising demand in emerging and developed economies alike.
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Technical Sentiment: Bullish (Buy Signal)
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