Shelter Afrique

Overview

Shelter Afrique is a pan-African housing finance institution established in 1982, dedicated to promoting and financing housing and urban development across Africa. Owned by 44 African governments, the African Development Bank, and the Africa Reinsurance Corporation, it offers a range of financial products and services, including project finance, institutional lending, equity investments, trade finance, and social housing. The organization operates from its headquarters in Nairobi, Kenya, with regional offices in Abuja, Nigeria, and Abidjan, Côte d'Ivoire. The institution focuses on addressing Africa's housing deficit by providing financing solutions to both the demand and supply sides of the housing sector. Its strategic partnerships and diverse product offerings support the efficient delivery of affordable housing and commercial real estate. Shelter Afrique's involvement in student housing projects, such as its pipeline of over US$100 million in identified university infrastructure opportunities, underscores its commitment to enhancing educational facilities and accommodating the continent's growing student population. With a track record of financing over 300 projects and delivering more than 25,000 housing units, Shelter Afrique has positively impacted the lives of over 127,000 beneficiaries and created an estimated 178,000 jobs. The organization's dedication to sustainable urban development and its comprehensive approach to housing finance make it a pivotal player in Africa's real estate and infrastructure sectors.

Investment Focus

• Projects must be technically sound
• Projects should have good prospects of being profitable
• Projects must benefit the local housing/real estate sector
• Projects should be environmentally and socially sound, satisfying Shelter Afrique’s environmental and social standards as well as those of the host country