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Shelter Afrique Claims Africa Requires 5 Million Housing Units Per Annum

Shelter Afrique Claims Africa Requires 5 Million Housing Units Per Annum

The Pan-African housing development financier, Shelter Afrique, has said that African continent requires four million housing units per annum to meet its housing needs.

According to Shelter Afrique, majority of African countries are facing a housing crisis as a result of high population growth, increased urbanisation and low supply of affordable housing.

Speaking recently in Nairobi, Kenya at the inauguration of Karibu Homes, a low-cost housing project financed by the organisation, Shelter Afrique Chairman, Daniel Nghidinua, said the situation is compounded by lack of affordable housing finance, high cost of urban land and weak tenure security, rising construction costs and rapid growth in slums.

The company is now calling for a stronger public-private-partnership to address the shortage.

“These high growth rates have given rise to a surge in the demand for urban infrastructure and housing in urban areas. Unfortunately, urban planning and investment in housing are often lagging behind resulting in housing deficits. The surge in demand for housing, in turn, has driven up housing prices and often pushed quality housing out of rich for the majority, especially the poor, low, and middle-income households,” Nghidinua said.

Shelter Afrique Managing Director and Chief Executive Officer, Andrew Chimphondah, said several countries in the continent are facing huge housing backlog, adding that urgent action was needed to stave-off the crisis.

“It doesn’t matter which country you are referring to any more. Uganda is facing an annual deficit of 1.6 million housing units, Kenya 2 million housing units, Tanzania 3 million housing units, South Africa 3 million housing units, and Nigeria 17 million housing units. Wherever you go, it’s a crisis and it is incumbent upon us to heed the call to action,” Chimphondah said.

Nghidinua noted that even though the housing backlog was a challenge, it wasn’t insurmountable, adding that Shelter Afrique was committed to affordable housing for all in Africa and that the organisation was keen on forging smart partnerships aimed at creating growth with scale.

“We believe this challenge represents an opportunity for coordinated actions and investments by various governments, private sector players, and communities across the continent. Through smart partnerships, we want to focus on the lower end of the affordable housing market chain to be able to address this housing crisis”, Nghidinua said.

In a recent report, the UN-Habitat blamed the huge housing deficits in Africa to poor response of governments to the issue, ignorance by governments on the housing issue, land delivery systems, urban planning and poor organisation of construction sectors in most African countries.

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Willie Ja

Willie Ja is the Director of Marketing at TuKool. He has years of experience in digital marketing, especially in the areas of content marketing, digital campaign management and lead generation. At TuKool, he works with a team of like-minds to develop ways of helping real estate businesses grow their client base and revenue.

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