Cost of land, construction materials adversely affect affordable housing—Shelter Afrique
Jumping cost of land in emerging mega cities of Africa coupled with 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…
Nigeria missing in African top 10 property deals so far this year
Since this year, many African property markets have been experiencing high profile deals excluding Nigeria. Whereas international property industry experts traced the observed lull in Nigeria’s investment market to confusing economic direction and policies since the beginning of 2019, Kfir…
Joint venture of FMBN, REDAN, Shelter Afrique targets supply of 10,000 houses yearly
The Federal Mortgage bank of Nigeria (FMBN) has sealed a deal with the Real Estate Developers Association of Nigeria (REDAN) and pan-African finance institution Shelter Afrique to establish a $2bn affordable housing facility. The fund which will come in tranches…
