ShelterAfrique to hold 42nd AGM in Abuja

By Mashe Umaru Gwamna

ShelterAfrique will be hosting their 42nd Annual General Meeting (AGM) and Symposium Of Shelter Afrique (SHAF)in Abuja, Nigeria .
This was contained in a statement signed and issued by Lere –Adams, Blessing,
Director (Press and Public Relations).
The statement confirmed that the AGM will be to be holding from the 7th -12th of May ,2023.
Shelter Afrique (SHAF) is a company for Habitat and Housing, established in 1982 by African Governments, the African Development Bank (AFDB) and African Reinsurance Corporation (African–Re).
This company is dedicated to providing funding solutions for affordable housing projects across Africa
Nigeria is a founding member of this company and holds position as the second largest shareholder after Kenya with investments totaling (USD) $30,724,961:00 and a shareholding of 15.80 %
The Annual General Meeting (AGM) of Shelter Afrique Constitutes the main policy organ of the company and it provides a forum for shareholders to collectively review and deliberate on the performance of the company once every year.
On the other hand, the Annual Symposium held during the AGM, is one of the key activities of Shelter Afrique, which is an avenue for collaboration and synthesizing emerging lessons, knowledge, best practices and innovations. Over the year the symposium has served to document and disseminate information to African Countries, stakeholders and key partners on the provision of affordable housing in Africa.
Nigeria, as at present is the first Vice –President of the 41st AGM Bureau recently held in Victoria Falls, Zimbabwe in July of 2022; making her to be in the pole position to become the Chairman of the 42nd AGM Bureau In this wise, the country is going to host the 42nd AGM Symposium in Abuja by May 2023.
Some of the key stakeholders expected at the meeting are:
Real Estate Developers Association of Nigeria (REDAN),
Mortgage Bankers Association of Nigeria (MBAN), Family Homes Fund(FHF),
Nigeria Mortgage Reinsurance Company (NMRC) and Federal Mortgage Bank of Nigeria (FMBN).
Others are Federal Housing Authority (FHA)
, Central Bank of Nigeria (CBN)
Association of Professional Bodies of Nigeria (APBN)
, Nigerian Institute of Town Planners (NITP)
Federal and State Ministries and Agencies in charge of Housing, Urban Development, Finance and Economic Matters.
Activities during this AGM are:
Ministerial Roundtable session with Ministers of Planning Economy and Business Development Investor Relations Session as side event.
It promises to be an impactful session.