Shelter Afrique

NEWS

Shelter Afrique signs US$11m Credit Line with Harare-based BancABC

Pan-African housing development financier Shelter Afrique has signed a US$11 million housing deal with Harare-based African Banking Corporation (BancABC). The facility will be used for the construction of 2,500 residential housing units; mortgage origination, home extension & improvement; onward lending to affordable housing projects; and financing small-scale commercial project such as small shopping malls. Commenting on the deal, shelter Afrique Group Managing Director and…