Housing Finance in Mali


The Republic of Mali is one of the largest countries in West Africa covering 1 248 574 km2. Mali’s total population was estimated at 18 million, growing at an annual rate of three percent. This is projected to double by 2030, while the urban population will triple from the current level of 40.7 percent. The cheapest housing unit built by a developer in 2017 costs (land cost included) CFA Francs 13 577 850 or US$24 643 this is 29 times the average per capita income.

Housing delivery in Mali is coordinated through the Office Malien de L’habitat (OMH) who facilitate various public-private partnerships with major companies in the housing construction sub-sector.  The presidential housing delivery programme has promised to deliver 50 000 affordable housing units by the end of 2018. This has resulted in a major increase in budgetary allocation to the OMH from about CFA Francs 23 billion (US$41.74 million) to CFA Francs 73 billion (US$132.49 million) in 2017.

The development of a cadastre and improvements to the titling process has positively impacted on the property market. In 2017, The World Bank’s ‘registering property’ indicator in it’s Doing Business Report, ranked Mali135th out of 189 countries in 2017, four places up compared to 2016.

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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