Shelter Afrique has urge governments to establish a housing microfinance fund to improve access to housing finance by those in the lower end of the market. Shelter Afrique’s Chief Executive Officer Andrew Chimphondah said most policies had an exclusive urban focus, and non-consideration of the low-income groups and the rural areas. Currently, 90 per cent of Africans cannot afford to buy a house or qualify for a mortgage.Recent reports indicate that more than 60 per cent of sub-Saharan African currently lives in Slums.

How Africa can address housing finance gap

Pan-African financier that exclusively supports the development of the housing and real estate sector in Africa, Shelter Afrique, has urge governments to establish a housing microfinance fund to improve access to housing finance by those in the lower end of the market. Speaking at the Affordable Housing Investment Summit in Nairobi recently, Shelter Afrique’s Chief Executive … Continue reading How Africa can address housing finance gap

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