insert_link Local Minister Dangiwa Addresses Housing Affordability Crisis at Ministerial Roundtable during ShafDB AGM in Kigali The Honorable Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa has highlighted the severe housing affordability crisis affecting over 80% of Africa's population, driven by low incomes, challenging macroeconomic conditions, and rising living costs. Speaking at the Ministerial Roundtable on "Innovative Financing for Housing Affordability," held during the Shelter Afrique Development Bank (SHAFDB) Annual General Meeting at the Marriott Hotel in Kigali, Rwanda, the minister […] todayJune 12, 2024 4
insert_link Local Letshego Bank Namibia & Ongos Valley partner for affordable, sustainable homes Letshego Bank Namibia and Ongos Valley Property developers have united to provide affordable housing, specifically designed to cater to those in the middle to low income bracket. Through Letshego Home Loan your dream of owning a home is now within reach. This partnership is a game-changer in our approach to sustainable living. Beyond a mortgage loans, Letshego Bank and Ongos Valley are pioneering in 'Green living' property development. […] todayMay 21, 2024 8
insert_link Local Letshego Bank Namibia & Ongos Valley partner for affordable, sustainable homes Letshego Bank Namibia and Ongos Valley Property developers have united to provide affordable housing, specifically designed to cater to those in the middle to low income bracket. Through Letshego Home Loan your dream of owning a home is now within reach. This partnership is a game-changer in our approach to sustainable living. Beyond a mortgage loans, Letshego Bank and Ongos Valley are pioneering in 'Green living' property […] todayMay 20, 2024 11
Local Rwanda to host Shelter Afrique Development Bank’s 43rd AGM in June 2024 Rwanda will host Shelter Afrique Development Bank (ShafDB) 43rd Annual General Meeting (AGM) in June Kigali, the Company has disclosed. This follows the nomination of Rwanda as the next host country at Shelter Afrique Development Bank’s 42nd AGM held in Abuja, Nigeria, and the subsequent signing of the host country agreement between the Company and the Government of Rwanda in Kigali in March. The host country agreement was signed by […] todayApril 23, 2024 22
insert_link Business / Economics Rising interest rates drive demand for extended rental agreements The FNB Rent Price Index has remained positive for two consecutive quarters, reaching a 12-month average of 4.7% in quarter three of 2023. The average rent price on a 12-month rolling basis is N$7 177. The bank’s Economist Ruusa Nandago says individuals are delaying property purchases and choosing extended rentals due to higher interest rates and affordability challenges. todayJanuary 29, 2024 20
insert_link Namibia Over 200 000 houses envisaged for construction from 2024 The recently revised National Housing Policy and Implementation Action Plan amongst others provides for the acceleration of the servicing of 340 000 new plots and construction of over 200 000 houses over the next five years. The policy, which was approved by Cabinet in November 2023, also approves the scaling up and upgrading of at least 60 per cent of existing informal settlements across the country between 2024 and […] todayDecember 15, 2023 8
insert_link Africa Shelter Afrique Secures Technical Assistance Grant from IsDBI to pioneer affordable Housing products in key thematic funds Shelter Afrique, the leading Pan-African Housing Finance Institution, announced a collaboration with the Islamic Development Bank Institute (IsDBI) at the sidelines of COP28. The partnership aims to develop Islamic Housing Finance Products to respond to the growing demand for affordable and climate adaptive housing solutions across the continent. Shelter Afrique has sought this collaboration with the IsDBI to create tailored products in harmony with principles of responsible investing. This partnership […] todayDecember 7, 2023
insert_link Uncategorized Government tackles housing backlog Minister of Urban and Rural Development, Erastus Uutoni says his ministry is addressing the severe housing backlog of 300,000 units. uutoni has acknowledged challenges like slow land delivery, high prices, and regulatory hurdles. todayNovember 22, 2023 13
insert_link Namibia NHE hands over 24 houses at Ondangwa The National Housing Enterprise (NHE) on Tuesday officially handed over 24 houses to beneficiaries at Ondangwa, constructed at a cost of N.dollars 12 million. Speaking at the event, Urban and Rural Development Minister Erastus Uutoni said housing remains one of Namibia’s key development priorities and it is only when the land is reasonably priced by local authorities that lower-income groups are able to afford houses constructed by the NHE. “Decent […] todayNovember 21, 2023 7
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
