Content Uploaded by: Kecia Rust

March 11, 2016 by Kecia Rust, UN Habitat | No Comments
Screenshot_041116_122329_PM

Our Executive Director, Kecia Rust, gave a the fifth lecture, titled Extending Access to Housing Finance across Africa, for the third season of  UN Habitat‘s Global Urban Lecture Series. SYNOPSIS If cities are built the way they are financed (Renaud, 1984), then Africa’s cities are set to change. Innovation in housing finance – in terms of products, players, and approaches, not to mention target markets – is a key feature across the continent, creating new opportunities for investment and delivery. As both local and international investors chase growth opportunities in a sluggish global economy, they are employing diversification strategies to manage the…

January 18, 2016 by Kecia Rust | No Comments
number of days and cost to register a commercial property 2015

This blog is drawn from the Housing Finance in Africa Yearbook 2015. Author: Kecia Rust If cities are built the way they are financed (Renaud, 1984), then Africa’s cities are set to change.  Innovation in housing finance –in terms of products, players, and approaches, not to mention target markets – is a key feature across the continent, creating new opportunities for investment and delivery.  As both local and international investors chase growth opportunities in a sluggish global economy, they are employing diversification strategies to manage the risks of their traditional targets – and in this, residential property is increasingly becoming an option. …

August 5, 2015 by Kecia Rust | No Comments
Financial Inclusion: Image 1

Housing and banking go together.  It stands to reason: a family’s house is likely to be the most significant investment they will make in their lifetime.  It is expensive, and as a lump sum, beyond most households’ capacity to pay.  To save up is unrealistic: a household needs to have somewhere to live before they’ve saved the full amount that the house in which they live would cost to buy.  And so, the mortgage loan was invented.  As a straightforward instrument, the mortgage loan enables a household to buy, and live in now, a house that they then pay for…

September 12, 2013 by Kecia Rust | 4 Comments
EOI

Africa is growing through its cities. And every day, as people flock to urban centres in search of opportunity and change, the demand for housing grows. With an annual urbanisation rate of 3.5% over the past two decades, Africa’s cities are the fastest growing in the developing world. Currently, about 40% of the continent’s one billion people live in cities and towns; and it is estimated that in the next few years, some African cities will be home to as much as 85% of their country’s population. Difficult to contemplate in the abstract, these numbers have a very local feel….