Housing Finance in Guinea Bissau


Guinea-Bissau has a limited 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 Guinea-Bissau is 11.2 percent, as of September 2016, over a term of 20 years. There are some private developments, with units selling for US$ 31 000 upwards, which is not affordable to most households.

With an urbanisation rate of 4 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. Continual political instability has constrained financial market and housing sector growth, but discussions with Chinese housing developers holds promise for the market. 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 Guinea-Bissau can afford.

Find out more information on the housing finance sector of Guinea-Bissau, 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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