Housing Finance in Central African Republic


For the French version of this country profile, click here.

To download a pdf version of the full 2018 Central African Republic country profile, click here.

The Central African Republic is characterised by political instability and a humanitarian crisis which poses a threat to the country’s economic stability. Most of CAR’s population is internally displaced or seeking refuge in neighbouring countries. The crisis has damaged the prospects of the development of good standardised towns and cities. Housing stock has since been pillaged, broken drown, or destroyed.

Despite CAR’s recovery and its plans to establish a housing bank, the country has almost no housing financing instruments. CAR’s population is 40.65 percent of its total population and urbanisation is increasing at a rate of 2.73 percent. Housing affordability is a major concern; the high cost of building materials, low incomes of Central Africans and the general political and economic volatility are barriers to home-ownership. Most internally displaced persons occupy rental units which they are regularly unable to pay.

Access to housing-related financial products remains a major challenge. Due to economic and security concerns, financial institutions, and particularly banks and MFIs, have largely consolidated their business in Bangui, the capital of the country. Bank branches and ATMs are mostly concentrated in three towns, with 71 percent of total branches located in Bangui.

The virtual absence of a housing finance sub-sector and housing finance instruments offers promising opportunities for investment. There is a huge need for cost-effective housing in all segments of the market and housing value chain because of the high prices of building materials.

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

Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2018 edition, which has up-to-date profiles for 54 African countries.

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Neighbouring Countries Congo, Republic of the
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