SESSION 1: CAPITAL LOOKING FOR OPPORTUNITIES IN AFFORDABLE HOUSING
This session will explore the landscape of housing investment in Africa, highlighting players and initiatives across the continent and exploring the drivers that bring each to this market. The presentations and panel discussions under this theme will highlight opportunities and challenges in investing in affordable housing across the continent. Presentations and panel discussions will include the following.
SESSION 2: FINANCING THE SUPPLY SIDE
Land, infrastructure and construction finance are in short supply across the continent, and as a result, the scale delivery of affordable housing is constrained as developers draw on their own resources or use buyer deposits to finance housing development. In most cities, limited municipal capacity undermines the provision of infrastructure for housing. This not only compromises the development itself, but also its affordability. Some developers are therefore finding alternative approaches to finance their developments. Some countries have established housing development corporations as quasi-public private partnerships to channel state and private investment into housing construction. Shelter Afrique provides a PPP approach to financing and driving housing construction in its member countries. This session will explore the finance issues that lead to getting houses on the ground.
SESSION 3: INNOVATION IN END USER FINANCE
Africa’s housing affordability challenge is fundamentally linked to the design and availability of end-user finance instruments. This session explores innovative end user finance instruments that seek to address particular niche markets. Presentations and panel discussions will explore both mortgage and non-mortgage finance, and critically engage with demand side parameters that need to shape the end user finance approach.
SESSION 4: FINANCING MASSIVE SMALL: CAN IT REACH SCALE?
The sheer size of housing backlogs across the continent suggests that any effort to address them needs to champion scale. Does a focus on scale depend on large projects, however? Initiatives across the continent are beginning to emerge that champion the concept of “massive small” – very many, small scale initiatives that address scale, together. These initiatives have the capacity to reach far down market, engage with local, niche opportunities, while still achieving the scale we so desperately need. How do we support this effort and what finance opportunities are possible? Appropriate?