Tunis, July 19th (Viewpoint Housing Media) – At a recent High Level conference tagged Affordable Housing Finance for Low-Income Groups, held in the Tunisian capital, Tunis, Pan African housing institution, Afrique Shelter Afrique said it is keen on onboarding ten remaining African countries yet to be members of the institute.
The conference organised by Arab Monetary Fund (AMF) and the Central Bank of Tunisia had attendance from key stakeholders in the housing industry, including representatives from Shelter Afrique.
“The high number of country membership at 44 attests to the critical role played by Shelter Afrique in the provision of affordable housing across the continent. Our goal is to onboard all 54 countries as shareholders of this great pan-African development finance institution”, Shelter Afrique said in a statement.
The statement further noted that the company was working towards enrolling more Africa indigenous companies under “Class-B” category and expanding further its shareholding to accommodate non-African investors under “Class-C” shareholding, which it has already created
Shelter Afrique is a pan African housing finance and development institution established by African governments to address the need for a sustainable housing delivery system and related infrastructure projects in Africa.
Its share capital is held by two groups of Shareholders composed of 44 African countries (Algeria, Benin, Botswana, Burkina Faso, Cameroon, Cape Verde, Central African Republic, Chad, Congo, Côte d’Ivoire, Democratic Republic of Congo, Djibouti, Gabon, Gambia, Ghana, Guinea Conakry, Guinea Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritius, Mauritania, Morocco, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia and Zimbabwe) in “Class A” category; and the African Development Bank (AfDB), the African Reinsurance Corporation (Africa-Re), as “Class B” category.
The institution provides financial solutions and related services to support the supply and demand side of the affordable housing value chain. It also provides advisory and project management services for large-scale affordable housing projects.