ABOUT US
BACKGROUND
All African countries, regardless of their social, economic and political conditions, are confronted with an acute problem of housing, because they all face similar developmental challenges. In Africa, as in most developing regions, there are large numbers of people without any form of shelter at all or living in deteriorated or unimprovable shelter conditions. While the situation is felt by the majority of the population, the most affected are the low-income earners, the unemployed and underemployed.
In Sub Saharan Africa, according to the World Bank report, only 15 % of adults in Sub Saharan Africa are eligible to apply for formal financing and only 5% of adults managed to secure a mortgage loan from a formal bank. Majority of the poor and middle class are informally employed which makes it difficult for the current mortgage systems to consider their application as they would not meet the standard formal requirements of the system.
Due to rapid urbanization and a growing slum population, new targeted approaches to affordable housing are necessary if countries want to take advantage of the demographic shift to make cities inclusive, spur economic growth and expand job opportunities.
OUR SOLUTION
Housing drives access to basic services and impacts profoundly on the health and well-being of low income households.With urban and home-based agriculture, it provides a base for realising food security. Good accommodation can enhance the performance of school children, improving their ability to access quality education. Access to clean water and sanitation is secured at the household level through the delivery of good, affordable housing. Increasing access to affordable housing finance builds the economic infrastructure in support of productive housing markets for all.
Home Ownership, builds asset wealth, enables job creation and supports economic growth.
Housing contributes towards a sustainable future.Every step in the housing construction process should be configured in support of climate goals, improving the sustainability and affordability of housing and urban living. Renewable energy, sustainable sanitation and the use of sustainable building materials all contribute to the realisation of the SDGs at the household level.
Together with our partners, 3D BuildTech and La Bella Casa Capital, we offer housing funding schemes and design, develop, and manufacture 3D EPS building panels; an efficient and eco-friendly alternative building system that reduces time and material costs of construction execution.
This model will enable the low-income earners and the informally employed to become home owners and thus bridging the economic divide that currently exists in most African regions.