Shelter Afrique to establish southern Africa regional office in Zimbabwe

The Nairobi-based pan-African housing development financier, Shelter Afrique is considering establishing a Southern Africa regional office in Harare, Zimbabwe.   

Shelter Afrique Group Managing Director & CEO Andrew Chimphondah made the announcement after meeting Zimbabwe’s Minister for Housing and Social Amenities Hon. Daniel Garwe in Harare.

The Harare office is set to become Shelter Afrique’s third regional office, adding to its existing presence in Abuja – which serves Anglophone west Africa region, and Abidjan – which serves francophone west, central and northern Africa regions.

“This is an important step we need to take to develop our ability to support our southern Africa member states, which we currently serve from our headquarters in Nairobi. Our aim is to build our presence in Harare in the months and years ahead, to support both the government of Zimbabwe and other member countries from the region including Botswana, Lesotho, Madagascar, Malawi, MauritiusNamibia, Seychelles, and Zambia,” Mr. Chimphondah said.

Mr. Chimphondah said the Company had increased its activities in Zimbabwe and the region, thus the need for physical presence.

“For instance, Shelter Afrique is set to build 10 000 housing units in partnership with the government of Zimbabwe as part of our core mandate of delivering low-cost housing to Africans. Of these units, 3 000 are targeted for delivery during the first phase of the project. We also have other projects going on in the region,” Mr. Chimphondah said.

The Minister of Housing and Social Amenities in Zimbabwe, Honorable Garwe welcomed the decision for a regional office, noting that the government of Zimbabwe has already identified well located land for the construction of the office. Honourable Garwe is also the First Vice President of the Shelter Afrique General Assembly.

Honourable Garwe said that the Government was also looking for land with intrinsic value to ensure that affordable houses were built to reduce the country’s housing backlog which currently stands at 1.2 million houses.

“We can only clear that backlog if we adopt new technologies which ensure that we provide housing in the shortest possible time at very affordable levels in terms of the cost. I’m pleased to note that Shelter Afrique has also offered to establish a housing factory in Zimbabwe for the production of building materials that would be used deploying new technologies so that houses can be built at a much faster pace,” he said.

Zimbabwe is set to host Shelter Afrique’s 41st Annual General Meeting in Victoria Falls in June 2022, where the Honourable Minister of Housing and Social Amenities for Zimbabwe, Daniel Garwe will be appointed the President of the AGM Bureau or General Assembly.  

Notes to Editor                             

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. Shareholders include 44 African countries, the African Development Bank, the African Re-Insurance Corporation, and Fonds de Solidarité Africain (FSA).

The company’s mandate is to provide financing through debt, quasi-equity, and equity to both public and private institutions for housing and urban infrastructure projects in its member countries. Shelter Afrique builds strategic partnerships and offers a host of products and related services to support the efficient delivery of affordable housing and commercial real estate. These include project finance, institutional lending, equity investments & joint ventures, trade finance, and social housing.

We also offer practical advice and technical assistance to a wide range of industry stakeholders.

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