Housing Finance in Benin


This profile is also available in French here.

To download a pdf version of the full 2019 Benin country profile, click here.

Benin’s economy is heavily dependent on trade ties to its neighbours, particularly Nigeria. However, despite a robust economic performance, poverty continues to increase with inequality reaching alarming levels. Rural people stay in the margins of society and youth unemployment is problematic.

Most houses in Benin were built between 30 and 50 years ago for civil servants who were part of Benin’s middle class. This housing stock has severely deteriorated due to decades of depreciation, underinvestment and lack of maintenance. The dire housing situation is due to several factors, including the country’s volatile economy, the low purchasing power of the population and the fast-growing population. The government is forging ahead with its flagship project of building 20 000 housing units by 2021, at the cost of nearly US$600 million, as part of its 2016-2021 Programme d’Actions du Gouvernement (PAG).

Find out more information on the housing finance sector of Benin, including key stakeholders, important policies and housing affordability:

Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2019 edition, which has up-to-date profiles for 55 African countries.

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Neighbouring Countries Burkina Faso Nigeria Togo
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