Targeted at housing finance practitioners, investors, developers, researchers and government officials, this 2020 Yearbook—our 11th edition—provides an up-to-date review of practice and developments in housing finance and delivery in Africa, reflecting the dynamic change and growth evident in the market of each country over the past year. We are extremely proud that the Yearbook has built a significant reputation in the sector, as a credible and unique source of valuable information on country housing markets.
Throughout its eleven-year history, the Yearbook has retained a focus on the lower end of the market. While it does provide a general overview of housing, housing finance, and property markets in each country, what makes this publication unique is its overt emphasis on affordable housing. These profiles focus on the critical need for housing and housing finance solutions that are explicitly targeted at households at the bottom of the income pyramid, for whom most commercially-developed residential property is out of reach. In this respect, the Yearbook remains the only publication of this nature in Africa: no other source provides this type of updated information, focused on residential property, and targeted at the affordable market.
First published in 2010 with just 15 countries included, the Yearbook has grown in scope and depth to contain 55 country profiles. For the fourth year, the publication is available in both French and English, with this year nearly one third of profiles originally authored in French.
The real strength and uniqueness of the Yearbook is its collaborative nature, and the process of primary, decentralised data collection that underpins it. Individual country profiles are researched and authored by different housing and housing finance experts—where possible, we team up with in-country experts, while in some instances the authors are based elsewhere.
This year, the production of this publication faced unforeseen challenges, as we all have in an unprecedented year. The country profiles address the impact of COVID-19 on housing and housing finance, and dedicated text boxes speak to the government response to the epidemic.
As Africa begins to emerge from the worst of the pandemic, we are aware that the long-term effects and economic impact is still before us. Indeed, the negative economic growth rates reflected in the country profiles point to a period of hardship and difficult recovery before us. The housing and housing finance sector will be part of this. But as we are aware that economic downturns may reduce affordability of housing for impacted households, research also tells us that investment in the housing sector can itself be a lever for stimulating the economy. As we look toward 2021, we hope the Yearbook will continue to be a critical source of market intelligence to boost the affordable housing and housing finance markets in our path towards recovery.
When utilising information and data in the Yearbook for publications, reports and articles, please include the following citation: Centre for Affordable Housing Finance (2020). Housing Finance in Africa Yearbook: 11th Edition 2020. http://
We are grateful to our sponsors for their support in the publication of the Yearbook:
- African Development Bank Group (AFDB)
- African Local Currency Bond Fund
- African Union for Housing Finance (AUHF)
- Agence Francaise de Development (AfD)
- American Homebuilders West Africa
- Banking Association of South Africa
- Block Solutions
- Caisse Régionale de Refinancement Hypothécaire (CRRH)
- Divercity Urban Property Fund
- Family Homes Funds
- FSD Africa
- GAP Solutions
- Habitat for Humanity International
- Haggai Mortgage Bank
- Ilima Digital Foundary
- International Finance Cooperation (IFC)
- Kumkang Kind
- MDW Inc.
- Nigerian Mortgage Finance Company (NMRC)
- Oppenheimer Generations
- SA Home Loans
- Select Financial Services
- Shelter Afrique