Shelter Afrique and Government of Cameroon to Establish a Housing Company

Shelter Afrique Board has approved the establishment ofa construction company in Cameroon at an estimated cost of USD15 million. The Industrial Housing Corporation (IHC) is a joint venture initiative which will be managed under a Special Purpose Vehicle (SPV), with Shelter … Continue reading Shelter Afrique and Government of Cameroon to Establish a Housing Company

Shelter Afrique fully repays commercial debts, eyes regional bonds

Pan-African housing development financier Shelter Afrique has fully paid commercial debts owed to eight lenders, giving the company the leverage to underwrite new debt. In 2018, Shelter Afrique signed a Debt Restructuring Agreement with the eight lenders – six DFIs and two commercial … Continue reading Shelter Afrique fully repays commercial debts, eyes regional bonds

Emirates SkyCargo upgrades customers to a seamless booking experience with CargoWise

Emirates SkyCargo is launching a new technical solution for its customers that will enhance user experience and the efficiency of the booking process for cargo shipments. Working with WiseTech Global, a leading provider of software solutions to the logistics industry, … Continue reading Emirates SkyCargo upgrades customers to a seamless booking experience with CargoWise

The future of life assurance lies in emerging technologies

COVID-19 has reinforced the need to adopt technology to make life insurance purchase and uptake simpler as more consumers embrace a tech-driven shift. CIC Life Assurance Limited Managing Director Mr. Meshack Miyogo said that the insurance industry is critical for effective risk mitigation and it is therefore vital that the industry evolves with the times.  “To stay relevant, insurance companies need to accelerate their digital transformation journeys by looking at the whole life-product purchasing process. Developed economies are already using emerging technology with insurance firms utilizing tech to support real time underwriting and claims pricing. This means that it is … Continue reading The future of life assurance lies in emerging technologies

Fonds de Solidarite Africain (FSA) Becomes Shelter Afrique’s 47th Shareholder

Niamey-based Fonds de Solidarite Africain (FSA)has become the 47th shareholder of Shelter Afrique after paying 1 billion FCFA (approx. US$2 million) in capital subscription, granting it 0.6% stake in Company, the pan –African housing development finance disclosed Tuesday. Speaking at the signing of the Pledge of Subscription and the … Continue reading Fonds de Solidarite Africain (FSA) Becomes Shelter Afrique’s 47th Shareholder