Shelter Afrique Development Bank (ShafDB) has expressed strong support for the establishment of a Financial Caucus of African Ministers of Housing and Urban Development. This caucus is aimed at addressing shared challenges and opportunities within the housing sector across member states of Africa. By fostering collaboration among ministers, the caucus seeks to devise cohesive strategies that will drive collective action and promote sustainable development in housing and urban development.
The initiative underscores the importance of coordinated efforts to tackle pressing issues such as affordable housing, urbanization challenges, and infrastructure development across the continent. Shelter Afrique Development Bank, a key player in financing housing and urban infrastructure projects in Africa, views the caucus as a pivotal step towards enhancing policy coherence and mobilizing resources effectively. This collaborative approach is expected to leverage expertise, resources, and innovative solutions to accelerate progress towards meeting Africa’s growing housing needs and fostering inclusive urban development.
