Build Africa, powered by Oze, Launches ₦2 Billion in Credit to Empower Nigerian Property Builders
Build Africa, the leading digital marketplace for building materials, has partnered with fintech platform Oze to launch the Build Africa Credit Scheme, a groundbreaking initiative offering Buy Now Pay Later (BNPL) financing to builders, contractors, and developers across Nigeria. The scheme is set to deploy over ₦2 Billion annually in credit, enabling faster access to construction materials and accelerating project timelines for thousands of builders.
The Build Africa Credit Scheme is designed to address one of the most pressing challenges in the construction industry: access to affordable and timely financing. Through a seamless digital application process, customers procuring building materials on www.buildafrica.store can now apply for short-term credit, receive approval within 24 hours, and use their approved loan amount directly at checkout, no collateral required.
“We’re excited to power this initiative with Build Africa,” said Meghan McCormick, Co-founder of Oze. “Our goal is to make credit accessible to builders who are often overlooked by traditional lenders. This partnership brings together Oze’s data-driven lending model and Build Africa’s trusted supply chain to deliver real impact.”
Oze is a leading African fintech platform that empowers financial institutions to launch and scale digital lending to small businesses. Through its operations in Nigeria, Ghana, Rwanda, and Oze has facilitated nearly $2 million in MSME loan disbursements.
The scheme is open to individuals, contractors, businesses, and diaspora customers funding construction projects in Nigeria. Approved applicants receive partial or full financing for their purchases, with flexible repayment terms of 30–45 days and interest rates starting as low as 5%.
“Before this scheme, securing funds for materials could take weeks and delay our timelines. Now, with Build Africa Credit, we get approvals within 24 hours and move straight to procurement. It’s streamlined our operations and helped us deliver faster,” said Tope Runsewe CEO Dutum Construction
Tayo Odunsi, CEO of Build Africa, added: “This is more than just a credit product, it’s a tool for empowerment. Builders across Nigeria deserve tools that match their ambition. With Oze, we’re making that possible,”
The Build Africa Credit Scheme is now live on www.buildafrica.store/bacs-info. Customers can apply by selecting the “Buy Now Pay Later” option at checkout and completing a secure digital form. Oze reviews applications and communicates decisions within 24 hours.
To mark the launch of BACS, Build Africa, and Oze are hosting a virtual webinar on October 30, 2025.
Topic: Financing Your Building Project: Credit Options for Nigerian Developers
RSVP: luma.com/user/buildafrica
The session will feature expert insights from Oze, a live demo of the Buy Now Pay Later feature on and an interactive Q&A.
