Shelter Afrique Development Bank (ShafDB), a pan-African housing financier, has inked a memorandum of understanding with the African Union (AU) aimed at bridging the housing gap on the continent with a key focus on urban settlements.
The Nairobi-headquartered firm, owned by African governments, said the deal, signed in Addis Ababa on Wednesday, will see the pair develop a joint action plan towards addressing housing challenges on the continent.