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Shelter Afrique eyes green bond to fund affordable housing projects

Shelter Afrique CEO Andrew Chmphondah.

Pan African housing development financier Shelter Afrique is betting big on green financing to fund its affordable housing projects across Africa.

“Green financing offers cheaper options to fund projects whose bottom line directly impact the environment, like the construction, and as such we are making a strategic decision to add it to our funding mix,” said Shelter Afrique Chief Executive Officer Andrew Chimphondah.

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