Shelter Afrique

34 Articles
FEATURED STORY

Sh22mn World Bank Grant to Ease Shelter Afrique’s Credit Rating Woes

American financial services company Moody's withdrew the Caa1 credit rating for Shelter Afrique in 2017 following financial turbulence amid claims of mismanagement and...

FEATURED STORY

Nigeria Pumps Sh3.2bn To Increase Stake in Shelter Afrique

Shelter Afrique has also received additional capital contributions from Rwanda, Uganda, Lesotho, Mali, Namibia, Togo, Zimbabwe and Swaziland.

FEATURED STORY

Shelter Afrique Loss Narrows Down by 94% to Sh59 Million

Company had projected a return to financial viability by 2020 and overall financial sustainability by 2023

Shelter Afrique CEO Andrew Chimphondah (second left) receives the Town and County Excellence Award certificate from Town and County Planners Association of Kenya (TCPAK) Chairman Mairura Omwenga. Looking on is TCPAK Vice Chairman Irene Keino (right) and Association trustee Dr Jason Mochache. www.businesstoday.co.ke
REAL ESTATE

Shelter Afrique Wins Town and Counties Excellence Award

Shelter Afrique has partnered with the government and to develop a social housing scheme within Mavoko Municipality

Shelter Afrique and Nation Media Group are the only two Kenyan companies to make the list. www.businesstoday.co.ke
MEDIA

Nation Media, Shelter Afrique Make it to World Finance 100 list for 2019

Shelter Afrique and Nation Media Group have both made it to the World Finance 100 list for 2019 published by a London-based World...

REAL ESTATE

Shelter Afrique Moots Green Bond to Fund Affordable Housing 

Green bonds issuance is expected to reach US$250 billion in 2019

Shelter Afrique Managing Director Andrew Chimphondah (left) explains financials results to Shelter Afrique Chairman Nghidinua Daniel when the Company released its 2019 half year result last month. www.businesstoday.co.ke
FEATURED STORY

Kenya’s Sh1.62 bn Helped Turnaround Shelter Afrique

Pan African housing development financier, Shelter Afrique received Ksh 1.62bn ($16.2m) in additional capital between 2017 and 2019, which played a significant role in the Company’s...

African Union High Representative for Infrastructure Development in Africa Raila Odinga lays the foundation stone while launching the Green Zone Apartments project www.businesstoday.co.ke
REAL ESTATE

Shelter Afrique Feted for Promoting Affordable Housing

Shelter Afrique has also invested in the mortgage refinance companies in Kenya, Nigeria, Tanzania and Togo

REAL ESTATE

Shelter Afrique: Africa Needs Over Sh 14 Trillion to Address Housing Challenges

Shelter Afrique Chief Executive Officer Andrew Chimphondah said research has shown that the overall shortage of housing in Africa is currently estimated at...