Nigeria pays USD7.15m for additional stake in Shelter Afrique

Pan-Africa housing development financier, Shelter Afrique has received USD7.15 million in additional capital subscription from the Federal Government of Nigeria. The Additional stake now takes Nigeria’s shareholding to 15.8%, one-percentage point behind top shareholder Kenya, which currently stands at 16.85%. … Continue reading Nigeria pays USD7.15m for additional stake in Shelter Afrique

Fast-track urbanization to spur growth, shelter Afrique urges African Countries

Pan- African housing and urban development financier, Shelter Afrique has urged African countries to fast-track urbanization to stimulate economic development across the continent.   Speaking at the 9th Africities Conference held in Kisumu, Kenya between 17-21 May, 2022 and attended by over 11,000 … Continue reading Fast-track urbanization to spur growth, shelter Afrique urges African Countries

Shelter Afrique Launches Housing Affordability Calculator

Pan- African housing development financier Shelter Afrique, through its research and policy formulation arm, Centre of Excellence (CoE), has launched a ‘Housing Affordability Calculator’ which will help the Company better address issues of housing affordability in order to improve viability of affordable … Continue reading Shelter Afrique Launches Housing Affordability Calculator

DRC pays a total of US$4,203,706.01 to clear its capital arrears due to Shelter Afrique

The government of the Democratic Republic of Congo (DRC) has cleared its capital arrears in Shelter Afrique after paying the outstanding amount of USD1,703,826.79, the pan-African housing development financier has disclosed. The move now takes DRC’s shareholding in the Company … Continue reading DRC pays a total of US$4,203,706.01 to clear its capital arrears due to Shelter Afrique

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. … Continue reading Shelter Afrique to establish southern Africa regional office in Zimbabwe

Shelter Afrique Voted Africa’s Top Real Estate Financier

Pan African housing development financier, Shelter Afrique has won the 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 … Continue reading Shelter Afrique Voted Africa’s Top Real Estate Financier

Shelter Afrique urges African Governments to prioritize housing to achieve SDGs

Pan-African housing development financier, Shelter Afrique has urged African governments to prioritize provision of affordable housing to their citizens as a key step towards achieving the Sustainable Development Goals (SDGs). Speaking in Nairobi after paying a courtesy call to Kenya’s … Continue reading Shelter Afrique urges African Governments to prioritize housing to achieve SDGs