Housing Finance & Land Registries News
Kenya: KCB Bank Signs Deal With GDC to Offer Affordable Mortgage Financing
19.04.2018| Source: Capital FM; All Africa
KCB Bank Kenya and Geothermal Development Company (GDC) have entered into a partnership that will enable employees of GDC across the country access affordable mortgage financing from the Bank.
Uganda Capital Market Urges Uptake of Reits
14.03.2018| Source: The EastAfrican; All Africa
Uganda's capital markets regulator is pushing for more people to take up real estate investment trusts - a financial instrument that provides units of ownership in real estate assets to investors - to speed up sale of new buildings and widen investment choices for fund managers.
MFW4A partners with AUHF, CAHF, IFC and CRRH-UEMOA to build capacity of the Mortgage Finance Industry
15.02.2018Building viable and sustainable housing finance operations across the value chain and to all income segments in Africa
WAEMU: IFC to invest $9 million in housing sector
31.01.2018| Source: Ecofin Agency
International Finance Corporation, World Bank’s subsidiary dedicated to private sector funding, will inject $9 million (CFA4.7 billion) in housing sector’s development in WAEMU area. The institution indicated this in a statement released Jan. 26, 2018.
Morocco: Bank loans to real estate sector stood at $22.3bn at the end of August
30.10.2017| Source: Ecofin Agency
Overall loans granted by Moroccan commercial banks to the real estate industry stood at 211.7 billion dirhams at the end August 2017, thus a bit more than $22.37 billion. Year to year, this is up 4% compared to 2016.
Tanzania: Dar Gets New Lender in Housing Finance Market
24.10.2017| Source: Tanzania Daily News; All Africa
A new mortgage financing firm, First Housing Company Limited, has been launched bringing into the market new affordable innovative mortgage products.
South Africa: Mixed Reaction From Real Estate Industry to Sarb Decision
22.09.2017| Source: News24WIRE; All Africa
The decision by the SA Reserve Bank's Monetary Policy Committee on Thursday to keep the repo rate unchanged at 6.75% received a mixed reaction from the real estate sector.
Zimbabwe: Harare City Council, Banks in Housing Deal
04.09.2017| Source: The Herald; All Africa
Harare City Council has partnered two local banks to develop residential stands for low-income earners around the city with an initial project targeting more than 1 200 stands.
Zimbabwe: POSB $5m Mortgage Fund Targets Low-Income Earners
28.08.2017| Source: Financial Gazette; All Africa
The People's Own Savings Bank (POSB) has unveiled a $5 million mortgage loan facility for low-income earners.
Uganda: Banks Move to Close Uganda's Housing Gap
12.07.2017| Source: The Monitor; All Africa
Uganda's housing deficit that currently stands at two million units continues to grow by 300,000 units per year, Housing Finance Bank (HFB) has said.
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