Shelter Afrique Bank has announced plans to explore housing financing initiatives in the Republic of Congo as part of efforts to tackle the country’s growing housing deficit.
Speaking during a recent meeting with President Denis Sassou N’Guesso, the bank’s Director General, Thierno Habib Hann, said the institution is prepared to launch a support and advisory program aimed at building an investment-friendly housing ecosystem.
“Our objective is to begin a support and advisory program to help create an ecosystem that attracts investment in housing and urban development,” Hann stated.
Shelter Afrique Bank is offering to share a diagnostic model to guide the Republic of Congo in its urban planning and housing delivery strategies. The institution previously financed housing projects in Brazzaville in the 1990s and is seeking to revive and expand that partnership.
Discussions at the meeting also addressed the impact of flooding on vulnerable communities, with both parties agreeing on the need for resilient infrastructure and better planning.
Hann emphasized that Shelter Afrique is actively supporting urban renewal programs and informal settlement upgrades across Africa. “Housing is not just about buildings. It’s about improving lives and building sustainable communities,” he said.
The collaboration, if implemented, is expected to improve access to affordable housing and strengthen urban resilience in the Republic of Congo.
