Ghana’s works and housing minister, Kojo Oppong Nkrumah in the middle
Ghana’s Ministry of Works and Housing has been granted a prestigious seat on the Shelter Afrique Development Bank board. This huge accomplishment was made during the 43rd Annual General Meeting (AGM) of Shelter Afrique, held from June 11-13, 2024, in Kigali, Rwanda.
Another significant development is Ghana’s election to the Shelter Afrique Development Bank board. This puts Ghana in a strong position to influence the policies and decisions that will make it easier for Africans to get affordable housing.
African housing ministers, including Ghana’s Kojo Oppong Nkrumah, looked into ways to make it easier for citizens to get access to affordable housing and deliver less expensive units. These conversations were significant in recognizing creative answers for the housing challenges faced by numerous African nations.
The Honourable Kojo Oppong Nkrumah discussed the significance of public-private partnerships in driving sustainable housing projects and the need for increased interventions to benefit Ghanaian citizens.
Ghana is additionally expecting to build its capitalization with the Shelter Afrique Development Bank from 4.8% to 10%. Ghana’s ability to obtain financing for its affordable housing projects will likely improve as a result of this move, making housing more accessible to all.
“The election of Ghana to the Shelter Afrique Development Bank board is a testament to our commitment to improving housing conditions in our country. I am committed to adding value at the board level to ensure that Ghana’s representation and participation helps achieve the collective objective of all member countries,” Arc. Chris Pobee, Director of Housing at the Ministry of Works and Housing and the newly elected Director of the Shelter Afrique Board said.
The AGM highlighted a Yearly Discussion, a Ministerial Roundtable, and other business meetings. Shareholders from Member States, the African Development Bank, and Africa-Re were among the key stakeholders who gathered to discuss the topic of sustainable partnerships in the value chain of affordable housing finance. The need for collaborative efforts to address Africa’s housing crisis and promote sustainable development was emphasized in these discussions.
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy
Privacy Overview
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
