Pan African housing development financier, Shelter Afrique is targeting the African Diaspora to enhance affordable housing delivery across the continent. Speaking at the 25th Annual Harvard Africa Business Conference 2023 - Africa Accelerated, where he shared insights on innovative solutions for addressing Africa's housing deficit, Shelter
Nairobi- based pan-African housing development financier – Shelter Afrique announced a partnership deal with Actis for affordable housing in Kenya and other African states. Actis is a global private equity investment firm and India’s real estate giant shapoorji-Pallonji. Actis Director Koome Gikunda said the joint venture
Pan- African housing development financier - Shelter Afrique, is planning to tap into the East Africa’s capital markets and pension funds to finance affordable housing projects in the region. It has kicked off negotiations with Kenya’s Capital Markets Authority (CMA) to issue a housing bond to
The Board of Directors of Shelter-Afrique, has approved a Ksh.1.5 billion (US$13 million) line of credit to the second largest bank in Mauritania, Banque Populaire De Mauritanie (BPM). The 10-year loan with a 24-month moratorium will be used to provide mortgage loans to civil servants and
Pan-African housing development financier Shelter Afrique has approved a Ksh.2.9 billion (USD24.03 million) commercial loan to Lagos-based Tier 1 real estate and property development firm, Landmark Africa. The 7-year line of credit with a moratorium of 36 months has been structured to partly finance the construction
Pan-African housing development financier Shelter Afrique Board has approved a Ksh.2.2 billion commercial loan to Katanga-based real estate development company, Maison Super Development (MSD). The 5-year facility guaranteed by A-ONE BUILDERS, will be used to finance three on-going projects in the cities of Lubumbashi and Kolwezi
Pan-Africa housing development financier, Shelter Afrique has received an additional Ksh.838.7 million capital subscription from the Federal Government of Nigeria. The Additional stake now takes Nigeria’s shareholding to 15.8 percent, one-percentage-point behind top shareholder Kenya, which currently stands at 16.85 percent. The other top three shareholders of
Shelter Afrique in partnership with the Centre for Affordable Housing Finance in Africa (CAHF), has launched a ‘Housing Affordability Calculator’ which will help the Company better address issues of housing affordability in order to improve the viability of affordable housing projects in Africa. The development institution
Nigeria has pledged to pay the full capital arrear of Ksh.3.2 billion in Shelter Afrique, Nigeria’s Finance Minister Dr. Zainab Shamsuna Ahmed disclosed at a meeting with Shelter Afrique Group Managing Director and CEO Andrew Chimphondah in Abuja. The payment will be made in four installments starting
Pan African housing development financier, Shelter Afrique has won Africa’s Best Real Estate Finance Company Award for the year 2021. The award conferred by the London-based Capital Finance International (CFI) is in recognition of the Company’s contribution towards financing affordable housing projects across Africa. CFI judging panel
