Africa needs more than US$1.4 trillion in funding to be able to effectively address the growing housing crisis, Pan African housing development financier, Shelter Afrique has said. Shelter Afrique has signed a Memorandum of Understanding with Habitat for Humanity International (HFHI), which will see HFHI assist Shelter Afrique in mobilizing capital for affordable housing.Countries with growing housing deficit include Nigeria with a deficit of 22 million housing units; Tanzania and Democratic Republic of Congo with a deficit of 3 million units; and Kenya, South Africa and Madagascar with deficits of more than 2 million or more.

Africa needs US$1.4 trillion for affordable housing, Shelter Afrique says

Africa needs more than US$1.4 trillion in funding to be able to effectively address the growing housing crisis, Pan African housing development financier, Shelter Afrique has said. Shelter Afrique Chief Executive Officer Andrew Chimphondah was speaking in Nairobi after the Company signed a Memorandum of Understanding (MOU) with Habitat for Humanity International (HFHI), which will … Continue reading Africa needs US$1.4 trillion for affordable housing, Shelter Afrique says

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