Shelter Afrique Bank and CPF Group to partner in affordable housing

Teams from Shelter Afrique Development Bank (ShafDB) and CPF Group during the signing of MOU to scale the development of large-scale affordable housing projects in Kenya. [Nanjinia Wamuswa, Standard]

Shelter Afrique Development Bank (ShafDB), a Pan-African institution committed to financing and advancing housing, urban, and related infrastructure development, has signed a Memorandum of Understanding (MOU) with CPF Group aimed at scaling up the development of large-scale affordable housing projects in Kenya.

The agreement, which is expected to bolster Shelter Afrique Development Bank's mandate of providing decent and affordable housing in Africa, was signed in Nairobi by CPF Group Managing Director Dr Hosea Kili and Shelter Afrique Development Bank Head of Credit and Operations Christopher Chege on behalf of the Managing Director Thierno-Habib Hann.