Fact Sheet

IFC Scaling Housing Finance in Africa

June 14, 2023

Africa has the highest rate of urbanization growth but also the least developed housing finance in the world. Rapid urbanization, growing demography, sub-standard construction, and lack of housing finance create one of the biggest challenges on the continent. In Sub-Saharan Africa (SSA), urbanization is not accompanied by the level of per-capita economic growth or housing investment that is observed elsewhere in the world.

Download in French