{"id":2050,"date":"2021-03-22T07:23:49","date_gmt":"2021-03-22T07:23:49","guid":{"rendered":"https:\/\/www.content.shelterafrique.org\/en\/?p=2050"},"modified":"2021-03-22T07:23:49","modified_gmt":"2021-03-22T07:23:49","slug":"shelter-afrique-and-government-of-cameroon-sign-an-mou-for-the-development-of-social-housing-and-the-host-country-agreement-for-the-40th-annual-general-meeting","status":"publish","type":"post","link":"https:\/\/www.content.shelterafrique.org\/en\/shelter-afrique-and-government-of-cameroon-sign-an-mou-for-the-development-of-social-housing-and-the-host-country-agreement-for-the-40th-annual-general-meeting\/","title":{"rendered":"Shelter Afrique and Government of Cameroon Sign an MoU for the Development of Social Housing and the Host Country Agreement for the 40th Annual General Meeting"},"content":{"rendered":"

Nairobi, Kenya: 18 March 2021<\/strong> – Pan-African housing development financier Shelter Afrique has signed a Memorandum of Understanding (MOU) with the government of Cameroon to contribute to the government\u2019s social housing programme and a hosting agreement for the 40th<\/sup> Annual General Meeting.<\/p>\n

The MOU which is expected to contribute 3000 houses to the government\u2019s social housing programme, was signed in Yaound\u00e9 by Shelter Afrique Chief Executive Officer Andrew Chimphondah and Cameroon Minister for Housing and Urban Development, Madame C\u00e9lestine Ketcha Court\u00e8s, during a week-long working mission with the Shelter Afrique Team.<\/p>\n

Speaking during the signing ceremony, Madame C\u00e9lestine Ketcha Court\u00e8s assumed the 1st<\/sup> Vice Chairpersonship of the Shelter Afrique Bureau in 2020 and will succeed Kenya as Chairman during the 40th<\/sup> Annual General Meeting, lauded Shelter Afrique for its commitment to Cameroon. The minister commended Mr Chimphondah for leading the successful mission to Cameroon and noted that it demonstrated Shelter Afrique\u2019s conviction to invest in Cameroon\u2019s housing industry’s potential. \u00a0<\/p>\n

\u201cThe MOU we\u2019ve signed with Shelter Afrique is a demonstration of the potential of the housing market in Cameroon, but more so it is proof that affordable housing is central to the agenda of the government of the President of the Republic of Cameroon, His Excellency, Paul Biya,\u201d the Minister said, adding that the Government had undertaken to ensure that there would be incentives to encourage participation in the government\u2019s Social Housing Programme.\u00a0\u00a0<\/p>\n

On his part, Mr Chimphondah said the MOU signing was very significant. It highlighted Shelter Afrique\u2019s role as a catalyst in the industry and its ability to leverage and syndicate other global funding partners.<\/p>\n

\u201cThis MOU will provide catalytic funding from Shelter Afrique, who will also be the lead arranger to assist in raising additional financing through the syndication of other Developmental Financial Institutions. This funding will contribute to the delivery of the 3000 houses under the government social housing project in Yaound\u00e9 and Douala,\u201d Mr Chimphondah said at the signing ceremony.<\/p>\n

40th<\/sup> Annual General Meeting and Anniversary<\/strong><\/p>\n

The signing ceremony also featured the signing of the hosting country agreement for the 40th<\/sup> Annual General Meeting, which will be hosted in Yaounde from the 20th<\/sup>– 26th<\/sup> of June 2021; the Minister and the 1st<\/sup> Vice-Chairperson of the Bureau reiterated Cameroon\u2019s commitment to host a unique AGM.<\/p>\n

\u201cUnder the High Patronage of the President, His Excellency, Mr Paul Biya, Cameroon will be hosting 43 Member countries and global financial institutions to the 40th<\/sup> Annual General Meeting. We are eager to share the Cameroonian hospitality but, more importantly, to engage with the Finance Ministers and Housing Ministers that will be present to collectively find pragmatic solutions to the housing crisis in Africa during this post-COVID-19 era. Above all, It promises to be a unique AGM\u201d.<\/p>\n

Chimphondah adding on the unique nature of the AGM, noted that the AGM coincides with the organisations 40th<\/sup> anniversary; \u201cIn most cultures, 40 is a significant milestone; milestones offer us an opportunity to congratulate ourselves and enjoy our accomplishments. More importantly, they are a moment for us to reflect and consider what happens next. That is why the theme for this year\u2019s AGM is Four Decades of Affordable Housing Policies in Africa: Mapping the Next Forty Years<\/em>. Our 40th<\/sup> year will be one of retrospection; We believe as we navigate this new decade and the realities that this pandemic has thrown into sharp relief, there is a need to review Africa’s policy environment. Not merely to measure growth, successes and challenges but, more importantly, to forecast the next forty years to shape policy for our member-states.\u201d<\/p>\n

Chimphondah acknowledged the limitation of COVID-19 on travel and gatherings and offered that the AGM will be presented as a hybrid of in-person attendance and virtual attendance. It will be recalled that Shelter Afrique successfully held their first virtual AGM in 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nairobi, Kenya: 18 March 2021 – Pan-African housing development financier Shelter Afrique has signed a Memorandum of Understanding (MOU) with the government of Cameroon to contribute to the government\u2019s social housing programme and a hosting agreement for the 40th Annual General Meeting. The MOU which is expected to contribute 3000 houses to the government\u2019s social … <\/p>\n

Continue reading “Shelter Afrique and Government of Cameroon Sign an MoU for the Development of Social Housing and the Host Country Agreement for the 40th Annual General Meeting”<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":2051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[4,307,231],"tags":[],"yoast_head":"\nShelter Afrique and Government of Cameroon Sign an MoU for the Development of Social Housing and the Host Country Agreement for the 40th Annual General Meeting - ShafPress<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shelter Afrique and Government of Cameroon Sign an MoU for the Development of Social Housing and the Host Country Agreement for the 40th Annual General Meeting - ShafPress\" \/>\n<meta property=\"og:description\" content=\"Nairobi, Kenya: 18 March 2021 – Pan-African housing development financier Shelter Afrique has signed a Memorandum of Understanding (MOU) with the government of Cameroon to contribute to the government\u2019s social housing programme and a hosting agreement for the 40th Annual General Meeting. 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