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Shelter Afrique Courts Actis, Shapoorji Pallonji In Continental Housing Deal

Nairobi- based pan-African housing development financier – Shelter Afrique is working on an affordable housing partnership deal with Actis -  a global private equity investment firm and India’s real estate giant Shapoorji Pallonji. Speaking when he met Actis and Shapoorji Pallonji teams in Nairobi, Shelter Afrique Managing...

Shelter Afrique Drops Muwowo For Thierno-Habib Hann As CEO

Mr Thierno-Habib Hann has assumed the position of the new Managing Director and Chief Executive Officer of the Nairobi-based Pan-African housing development financier Shelter Afrique following his appointment in August last year. Mr Hann joins Shelter Afrique from the International Finance Corporation (IFC), where he served as...

Shelter Afrique Grants Ksh1.6B Loan To Maurítanía Lender

The Board of Directors of Shelter-Afrique has approved a US$13 million (Ksh1.6 billion) line of credit to the second largest bank in Mauritanía, Banque Populaire De Mauritanie (BPM). The 10-year loan with a 24-month moratorium will be used to provide mortgage loans to civil servants...

Shelter Afrique Eyes Sovereign Lending Market

Shelter Afrique is developing a Sovereign Lending product to supplement its traditional products that attend to both the demand and supply sides of the housing value chain, the pan-African housing development financier has disclosed. Speaking in Nairobi, Shelter Afrique Ag. Managing Director Kingsley Muwowo said...

Why “Affordable Housing” Might Not Be Affordable Any More – Shelter Afrique

The high cost of land and the rising cost of building materials could derail efforts to speed up the development of affordable housing across the globe, pan African housing development financier, shelter Afrique has warned. Speaking on Delivering Affordable Housing Across Continents at a special session of the 11th World...

Nigeria Competes With Kenya In Shelter Afrique Shareholding

Pan-Africa housing development financier, Shelter Afrique has received USD7.15 million (Ksh839 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%.   The other top three...