Shelter Afrique assembly kicks off in Cameroon to chart course for Africa’s real estate sector

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Cameroon’s Minister of Housing and Urban Development Hon. Celestine Ketcha Courtes (centre right) receives Shelter Afrique team lead by Shelter Afrique Group Managing Director & CEO Andrew Chimphondah (centre left). The Pan-African housing development financier has signed a Memorandum of Understanding (MOU) with the government of Cameroon to contribute to the government’s social housing programme.
Cameroon’s Minister of Housing and Urban Development Hon. Celestine Ketcha Courtes (centre right) receives Shelter Afrique team lead by Shelter Afrique Group Managing Director & CEO Andrew Chimphondah (centre left). The Pan-African housing development financier has signed a Memorandum of Understanding (MOU) with the government of Cameroon to contribute to the government’s social housing programme.

Housing and finance ministers from over 40 African countries began meeting in Cameroon on Monday under the auspices of Shelter Afrique to chart a course for Africa’s real estate sector.

Cameroon’s Prime Minister Joseph Dion Ngute officially opened deliberations for the annual general assembly which will run for six days in the capital Yaounde.

“We are eager to share the Cameroonian hospitality but, more importantly, to engage with the finance ministers and housing ministers, African Development Bank, and other stakeholders in the housing and financial sectors, to collectively find pragmatic solutions to the housing crisis in Africa,” said Celestine Ketcha Courtes, Cameroon’s Minister of Housing and Urban Development who is also vice-chairperson of the assembly.

Participants will map out housing policies in Africa for the next 40 years during the assembly, Courtes said.

Headquatered in Nairobi, Kenya, Shelter Afrique is a Pan-African finance institution that supports the development of the housing and the real estate sector in Africa. Enditem

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