Works and Housing Minister, Kojo Oppong-Nkrumah received the Managing Director of Shelter Afrique, Thierno Habib Hann on a courtesy call to the Ministry of Works and Housing as part of his working visit to Ghana.
This follows Ghana’s election to the board of Shelter Afrique Development Bank a few weeks ago in Rwanda.
Discussions were centred on the urgent need for sustainable financing mechanisms to address Ghana’s significant housing deficit.
“Moving away from traditional government-funded models, we are exploring global financing instruments to bridge the housing gap. I am particularly excited about integrating Ghana’s National Home Ownership Fund with successful international models like Shelter Afrique’s insurance bonds initiative in Nigeria”, the Minister stated.
He also indicated that Ghana’s recent achievement of securing a seat on Shelter Afrique’s Board of Directors will enhance its influence and attract resources to support affordable housing initiatives.
“We remain committed to leveraging this position to advocate for policies that benefit our housing sector. Together, we can close the 1.8 million housing unit deficit, stimulate job creation, and drive economic growth”, he added.
Source:Mybrytfmonline.com/Kwabena Nyarko Abronoma
