Housing Finance in Benin


This profile is also available in French here.

To download a pdf version of the full 2021  Benin country profile, click here.

The Republic of Benin is a French-speaking country located in West Africa surrounded by the neighboring countries of Togo, Burkina Faso, Niger, and Nigeria. The country has nearly 121km of coastline along the Gulf of Guinea. With an estimated population of 12 123 198 in 2020, an annual population growth rate of 2.7% and 48.4%, of the population urbanised, access to decent housing is a major challenge for the Beninese authorities.

According to the authorities, 80% of the urban population is in the south of the country and 52% of the total population lives in 10% of the territory. Density is high in the coastal zone, which benefits from the best water, electricity, health, and education infrastructure in the country. The demand for housing and the pressure on land is strong in this coastal zone. Between 2010 and 2020, the housing deficit was estimated at 320 000 units, but only 2 000 units were produced by the market over the same period. In response, the authorities launched an ambitious programme to build 20 000 housing units over five years (2017 to 2021) in several phases. This social housing programme is financed by several partners, including the West African Development Bank (BOAD), the National Social Security Fund (CNSS), and the Islamic Development Bank.

[1] Real Estate and Urban Development Company (SIMAU), Project of 20,000 low-cost housing.  https://simau.com/projet-logement/ (Accessed 7 September 2020).

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

Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2021 edition, which has up-to-date profiles for 55 African countries.

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Neighbouring Countries Burkina Faso Nigeria Togo
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