View Full Version : Government partners Shelter Afrique for housing projects

16th January 2012, 09:07 PM
Government on Monday announced that it was partnering Shelter Afrique, a Pan African facilitator of housing projects to improve upon housing delivery, and reduce the current housing stock deficit, which stands at about 1.5 million.

President John Evans Atta Mills reassured Ghanaians of Government’s determination to provide affordable housing to the people, hence its decision to become shareholders in the Pan African institution.

President Mills said Government would partner organisations, who would respect Ghana’s provisions on housing to provide roofs over the heads of the people.

President Mills made the announcement when a delegation from the Nairobi based organisation, led by its Chief Executive Officer, Mr Alassane BA, paid a courtesy call on him at the Osu Castle in Accra to brief him on the outcome of and an annual general meeting in which Ghana participated last year in Kenya.

Ghana has 10 per cent shareholdings, acquired currently valued at $8.5 million in the institution established in 1982 and now represented in 43 nations in Africa.

Shelter Afrique is also engaged in policy formulation, technical assistance and housing project financing, and advancing a loan of five million dollars to private entities through Home Finance Company to estate developers.

President Mills said Government remained committed to reducing the housing deficit and providing affordable housing to the people, explaining housing is one of the most important requirements.

He said Government would continue to support private institutions and individuals to develop the housing industry, and assured the organization of collaboration and work with Shelter Afrique to support actors in the housing industry to derive positive benefits from the team up.

Mr BA, thanked the President, the Government and People of Ghana, for their participation in the last year event for their support.

He lauded Ghana for its lead role in the Pan Africanist cause, and said Shelter Afrique owed it a duty to help Ghana implement its housing policy.

Mr BA said the institution was committed to housing financing, and was interested in providing affordable and social housing.

In a post meeting interview, Alhaji Dr Mustapha Ahmed, Deputy Minister for Works and Housing, said the team-up with Shelter Afrique was expected to be a lasting one, expected to bring on board a number of housing delivery companies like the Ghana Real Estate Developers Association (GREDA).

“It is not a stop-gap collaboration, but a process that is expected to let Shelter Afrique as a major facilitator to housing delivery in Ghana and beyond,” Dr Ahmed said.