Urban housing and infrastructure development are at the highest priority of most African Countries. War and destruction as well as poor enabling policies have led to insufficient and low levels of investment in housing per-capita. Compensatory investment lagging behind demand is demonstrated by the high demand for housing and implied construction materials have resulted in growth rates as high as 350% + p.a. in some countries.
We want to address the gap by developing Trade Finance Facilities which create a strategic window for the Institution to control the quality and the use of the facilities which are allocated to the importation of construction materials.