Afrocom NEWS

Market intelligence and data to make Africa's housing finance markets work: let's start in Kenya

The Open Access Initiative will use market intelligence in favor of improved access to affordable housing and is looking for partners to increase investments in housing finance market development throughout Africa.

The initiative comes after the Centre for Affordable Housing Finance in Africa (CAHF) and the African Housing Finance Alliance (AHF) in their joint report pointed to the lack of quality data to inform investors in the sector.

The project is expected to help investors in affordable housing, provide a wide range of tools accessible to all like for example determine which properties are profitable, which neighborhoods are underserved, how to navigate their way through this ecosystem and how to increase their ROI(return on investment).

The initiative, which will span the continent, will first be piloted in Kenya.