- The development of appropriate housing and housing finance products, which are affordable to our populations, and contribute effectively towards adequate housing across our nations.
- The establishment, and consolidation of existing, institutions throughout the housing supply chain that are sustainable and robust
- Promoting consumer education and financial literacy so that households can participate effectively in their housing processes.
- An integrated delivery approach in which the development of housing occurs within a sound planning framework that includes the delivery of infrastructure services, and social and economic amenities.
- Professional development and training across the spectrum of the housing value chain.
- Working in collaboration with each other, and other stakeholders, whether in the public or private sectors, to promote the realization of sustainable human settlements across Africa.
- The availability of serviced land for housing. In many of our countries, cadastral systems are only just developing. The backlog in land titling undermines the development of mortgage markets, which rely on the underlying security of land tenure to facilitate affordable finance. Further, infrastructure backlogs in all of our cities and towns mean either that housing developments are accessible only to high income earners who can afford the costs of settlement-by-settlement infrastructure financing that currently prevails; or that housing is developed without the necessary infrastructure, undermining the sustainability of our settlements and contributing to the growth of slums.
- Municipal capacity constraints undermine development processes in many of our cities. Whether expressed through insufficient infrastructure investment and maintenance, or inefficient building approval processes, or poor land administration processes, municipal capacity constraints undermine housing development at all affordability levels. This issue requires not only local, but also national and continental attention. Subsidy support within the municipal finance framework is critical if infrastructure backlogs are to be overcome and city governments are able to keep pace with population growth.
- Housing affordability. In each of our countries, the percentage of the population below the poverty line is significant. While there is a substantial population with the capacity to engage in financial transactions, this middle class (defined by the AfDB as people earning between $2 - $20 per day) still cannot afford the finance necessary for the purchase of the least expensive, developer-built house. In part, land and infrastructure costs contribute to the affordability challenges that such households face. The promotion of incremental housing processes, financed with housing micro finance and savings, would address some of this challenge. Rental housing solutions must also be considered. It is critical that, in partnership with government, we develop mechanisms that enhance housing affordability so that adequate housing is not just the preserve of the wealthy.
Gijima Johannes Dladla, 1st Vice Chairman of the African Union for Housing Finance
Cas Coovadia, 2nd Vice Chairman of the African Union for Housing Finance
|
Company |
Representative |
Country |
|
Abbey Building Society Limited |
Mrs Rose A Okwechime |
Nigeria |
|
Banque Rwandiase de Developpement) |
Mr Jack Nkusi Kayonga |
Rwanda |
|
Botswana Building Society |
Mr Pius Molefe |
Botswana |
|
Botswana Housing Corporation |
Mr Reginald M Motswaiso |
Botswana |
|
CBZ Bank (formerly CBZ/Building Society) |
Mr Colin Chimutsa |
Zimbabwe |
|
Centage Savings and Loans Limited |
Mr Johnson N Gabriel |
Nigeria |
|
Central Africa Building Society (CABS) |
Mr Kevin Terry |
Zimbabwe |
|
FBC Building Society |
Mr Felix Gwandekwande |
Zimbabwe |
|
First National Bank of South Africa Limited |
Mr Marius Marais |
South Africa |
|
Fund for Housing Promotion |
Mr Rui Costa |
Mozambique |
|
Gauteng Partnership Fund |
Mr Ismail Karr |
South Africa |
|
HFC Bank (Ghana) Limited |
Mr Asare Akuffo |
Ghana |
|
HFC Kenya Limited |
Mr Frank Ireri |
Kenya |
|
Home Finance Company of the Gambia Limited |
Mr Omar A Sarr |
Gambia |
|
Homeloan Guarantee Company |
Mrs Ethel Matenge-Sebesho |
South Africa |
|
Homemakers Malawi Limited |
Barnett Chirwa & Dick Chagwamnjira |
Malawi |
|
Housing Finance Bank Ltd |
Mr David Dansor Ninyikiriza |
Uganda |
|
Malawi Housing Corporation |
Mr Mark Ndaferankhande |
Malawi |
|
Mauritius Housing Company |
Mr Manilall Seetohul |
Mauritius |
|
Mpumalanga Housing Finance Company |
Mr G J Dladla |
South Africa |
|
National Housing Corporation Kenya |
Mr James Wagema Ruitha |
Kenya |
|
National Housing Corporation Tanzania |
Mr N Malisa |
Tanzania |
|
National Housing Enterprise |
Mr Vinson Hailulu |
Namibia |
|
National Housing Finance Corporation (NHFC) |
Mr Samson Moraba |
South Africa |
|
Safetrust Savings & Loans Limited |
Mr Yinka Adeola |
Nigeria |
|
Social Security & Housing Finance Corporation |
Raymond a k Njai |
Gambia |
|
Swaziland Building Society |
Mr Joseph V Ndlangamandla |
Swaziland |
|
Tanzania Mortgage Refinance Company Ltd |
Rished Bade |
Tanzania |
|
The Banking Association, South Africa |
Mr Cas Coovadia |
South Africa |
|
Union Homes Savings and Loans PLCI |
Mr E A Aikhorin |
Nigeria |
|
ZB Building Society |
Mr Sifiso Mahlangu |
Zimbabwe |
