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

World Bank Group

World Bank, Washington, DC

关键词: HOUSING;    WEST AFRICAN ECONOMIC AND MONETARY UNION;    CEMAC;    HOUSING FINANCE;    MORTGAGE MARKET;   

RP-ID  :  148928

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The Central African Economic andMonetary Community (CEMAC), which consists of Cameroon, theCentral African Republic, Chad, the Republic of Congo,Equatorial Guinea, and Gabon, is one of the oldest regionalgroupings in Africa. Urbanization and growing populationwill put increasing pressure on existing housing resources.Without a step change in the level of housing constructionand the necessary long-term finance to invest, slums willproliferate as short-term solutions fill the gap. The Stateis often the biggest actor in the sector with programs whichare often costly and ineffective. CEMAC’s housing valuechain displays high levels of dysfunction on both demand andsupply sides. The enabling environment creates significantchallenges in addressing the affordable housing challenge. Acomprehensive and far reaching program of reforms will beneeded across multiple sectors to create the conditionsunder which private sector investment can thrive and beproperly channeled into housing investment. Lack oflong-term finance is a key constraint preventing long terminvestment into housing. This report focuses on the road mapand recommendations for development of housing in the CEMAC region.