Housing Finance in Congo, Republic of the


This profile is also available in French here.

To download the full pdf version of 2019 Congo Republic profile, click here.

The Congo Republic has an estimated population of 5 414 0061 distributed unequally throughout the country. The annual rate of urbanisation is 3.28 percent and the urban population is estimated at 67.4 percent of total population of which 62.2 percent is concentrated in the three main cities of the country, Brazzaville, Pointe Noire and Dolisie. The current and projected influx of citizens into urban areas provides the public and private sector with the challenge of reducing the current housing backlog.

In the Congo Republic, only 9 percent of the adult population has a formal bank account, which is below the Central African Economic and Monetary Community (CEMAC) average. Only 20 percent of the upper-class population has a formal account against 1.1 percent of the poor, which makes Congo the country with the lowest banking inclusion in Sub-Saharan Africa. This suggests that innovative ways such as mobile banking and saving schemes are required to support the financial inclusion of households and efficacy of housing microfinance.

The government’s approach to delivering its housing programme has focused on public-private partnerships in Brazzaville and Pointe Noire. Despite government planned social housing programmes in several cities, these efforts are unlikely to match the increasing demand for housing without the involvement of private developers.

The main constraints to housing supply are in land ownership and property registration, access to serviced land and availability of finance. In response to housing supply constraints, the government has formulated Law No.24-2008 on Land Tenure and has established the Land Agency for Land Development under Law No. 27-2011 of 3 June 2011.

With continued government efforts to put in place a favourable investment climate, there is a growing opportunity for the Congo Republic’s private sector to take part in the delivery of housing.

Find out more information on the housing finance sector of Republic of Congo, 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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