Housing Finance in Gabon


Gabon has a growing housing finance sector. As the mortgage market does not yet meet the breadth of the population who might afford a mortgage, most households still finance their housing independently, with savings or non-mortgage credit.

The lowest recorded interest rate on a mortgage in Gabon is 2.6 percent, as of September 2016, and requires at least a three percent down payment. The cheapest newly built house by a developer recorded by CAHF is US$ 45 000, which is for a 150 square metre unit. Cement prices are slightly lower than the continental average, at US$ 8.59 for a 50-kilogram bag.

With an urbanisation rate of 2.5 percent, demand for affordable housing will remain strong, both for rental and purchase. Housing microfinance will play an important role in increasing the supply of housing, and efforts to increase access should be undertaken. There are several government-established organisations supporting the housing finance market, including a housing bank, housing guarentee fund, real estate agency and building soceity. With a good macroeconomic environment, sound policy, better data and increased access to affordable credit, an enabled housing market can increasingly provide housing that the average household in Gabon can afford.

Find out more information on the housing finance sector of Gabon, 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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