Aminat Yahaya —
The Nigerian Minister of Works and Housing, Babatunde Raji Fashola, at the 42nd Annual General Meeting (AGM) of Shelter Afrique emerged the Chairman of the pan African housing finance institute.
Shelter Afrique is the only pan-African finance institution that exclusively supports the development of the housing and real estate sector in the continent.
:Nigeria Owns 15.8 Percent of Shelter Afrique With Over $30 Million Contribution — Fashola
“The Nigerian government is transiting to another administration soon, we are embracing change but, this is what SHAF needs to make progress, the change comes in different shapes, like changing board members, new ways of raising funds, having new directions, e.t.c”, Fashola responded to the acceptance of his nomination as the new chairman of SHAF.
“The organization need to introduce new strategies to restructure SHAF,” Fashola added.
The outgoing Chairman of Shelter Afrique AGM Bureau & Zimbabwe’s Minister of National Housing and Social Amenities, Daniel Garwe while making his remark said: “The housing sector needs help in wealth creation and employment in Africa”.
He encouraged members to pay their subscriptions to help the company survive in the face of Covid -19 pandemic in its aftermath, while emphasizing that Africa needed housing for its citizens.
The previous election of SHAF was held in Cameron in 2021, subsequently, Rwanda will be chairing the next meeting in 2024. Nigeria is now the current host of the 2023 meeting while Algeria will host the AGM in 2025.
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