Empowa, a Cardano-powered DeFi platform, aims to enable 1 million African families to own climate-smart homes by 2030. The platform is using NFTs and blockchain technology to revamp the outdated loan system and build decentralized funding models. The high mortgage rates in Africa have crippled the housing market, but Empowa is determined to disrupt the current real estate market and make homes more accessible to Mozambicans. The company is partnering with Casa Real to construct cyclone-resistant homes that will start at a price point of $10K and be affordable to low and middle-income families.
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