Housing Finance in the CEMAC Region : Current Status, Opportunities, and a Way Forward for Affordable Housing

The Central African Economic and Monetary Community (CEMAC), which consists of Cameroon, the Central African Republic, Chad, the Republic of Congo, Equatorial Guinea, and Gabon, is one of the oldest regional groupings in Africa. Urbanization and gr...

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Main Author:	World Bank Group
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	HOUSING WEST AFRICAN ECONOMIC AND MONETARY UNION CEMAC HOUSING FINANCE MORTGAGE MARKET GENDER FINANCIAL INCLUSION LAND RIGHTS REFINANCING BANKING SUPERVISION
Online Access:	http://documents.worldbank.org/curated/en/584141591021152632/Current-Status-Opportunities-and-a-Way-Forward-for-Affordable-Housing http://hdl.handle.net/10986/33835

id	okr-10986-33835
recordtype	oai_dc
spelling	okr-10986-338352021-05-25T09:55:29Z Housing Finance in the CEMAC Region : Current Status, Opportunities, and a Way Forward for Affordable Housing World Bank Group HOUSING WEST AFRICAN ECONOMIC AND MONETARY UNION CEMAC HOUSING FINANCE MORTGAGE MARKET GENDER FINANCIAL INCLUSION LAND RIGHTS REFINANCING BANKING SUPERVISION The Central African Economic and Monetary Community (CEMAC), which consists of Cameroon, the Central African Republic, Chad, the Republic of Congo, Equatorial Guinea, and Gabon, is one of the oldest regional groupings in Africa. Urbanization and growing population will put increasing pressure on existing housing resources. Without a step change in the level of housing construction and the necessary long-term finance to invest, slums will proliferate as short-term solutions fill the gap. The State is often the biggest actor in the sector with programs which are often costly and ineffective. CEMAC’s housing value chain displays high levels of dysfunction on both demand and supply sides. The enabling environment creates significant challenges in addressing the affordable housing challenge. A comprehensive and far reaching program of reforms will be needed across multiple sectors to create the conditions under which private sector investment can thrive and be properly channeled into housing investment. Lack of long-term finance is a key constraint preventing long term investment into housing. This report focuses on the road map and recommendations for development of housing in the CEMAC region. 2020-06-01T20:07:59Z 2020-06-01T20:07:59Z 2020-01 Report http://documents.worldbank.org/curated/en/584141591021152632/Current-Status-Opportunities-and-a-Way-Forward-for-Affordable-Housing http://hdl.handle.net/10986/33835 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Urban Study Africa Cameroon Central African Republic Chad Congo, Republic of Equatorial Guinea Gabon
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	HOUSING WEST AFRICAN ECONOMIC AND MONETARY UNION CEMAC HOUSING FINANCE MORTGAGE MARKET GENDER FINANCIAL INCLUSION LAND RIGHTS REFINANCING BANKING SUPERVISION
spellingShingle	HOUSING WEST AFRICAN ECONOMIC AND MONETARY UNION CEMAC HOUSING FINANCE MORTGAGE MARKET GENDER FINANCIAL INCLUSION LAND RIGHTS REFINANCING BANKING SUPERVISION World Bank Group Housing Finance in the CEMAC Region : Current Status, Opportunities, and a Way Forward for Affordable Housing
geographic_facet	Africa Cameroon Central African Republic Chad Congo, Republic of Equatorial Guinea Gabon
description	The Central African Economic and Monetary Community (CEMAC), which consists of Cameroon, the Central African Republic, Chad, the Republic of Congo, Equatorial Guinea, and Gabon, is one of the oldest regional groupings in Africa. Urbanization and growing population will put increasing pressure on existing housing resources. Without a step change in the level of housing construction and the necessary long-term finance to invest, slums will proliferate as short-term solutions fill the gap. The State is often the biggest actor in the sector with programs which are often costly and ineffective. CEMAC’s housing value chain displays high levels of dysfunction on both demand and supply sides. The enabling environment creates significant challenges in addressing the affordable housing challenge. A comprehensive and far reaching program of reforms will be needed across multiple sectors to create the conditions under which private sector investment can thrive and be properly channeled into housing investment. Lack of long-term finance is a key constraint preventing long term investment into housing. This report focuses on the road map and recommendations for development of housing in the CEMAC region.
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Housing Finance in the CEMAC Region : Current Status, Opportunities, and a Way Forward for Affordable Housing
title_short	Housing Finance in the CEMAC Region : Current Status, Opportunities, and a Way Forward for Affordable Housing
title_full	Housing Finance in the CEMAC Region : Current Status, Opportunities, and a Way Forward for Affordable Housing
title_fullStr	Housing Finance in the CEMAC Region : Current Status, Opportunities, and a Way Forward for Affordable Housing
title_full_unstemmed	Housing Finance in the CEMAC Region : Current Status, Opportunities, and a Way Forward for Affordable Housing
title_sort	housing finance in the cemac region : current status, opportunities, and a way forward for affordable housing
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/584141591021152632/Current-Status-Opportunities-and-a-Way-Forward-for-Affordable-Housing http://hdl.handle.net/10986/33835
_version_	1764479622246825984

Housing Finance in the CEMAC Region : Current Status, Opportunities, and a Way Forward for Affordable Housing

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