Housing Which countries have the largest housing shortages in Africa? Source The Centre for Affordable Housing Finance in Africa (CAHF): Housing Finance in Africa Yearbook 2021 Short answer Which countries have the largest housing shortages in Africa? According to the latest statistics from the Centre for Affordable Housing Finance Africa (CAHF), Nigeria has a housing shortage of more than 20 million units (with 700,000 units needed annually), the Democratic Republic of Congo’s housing backlog is estimated at almost 4 million units, South Afric... Back Full answer
Housing Is there any data available on housing affordability in Africa? Source The Centre for Affordable Housing Finance in Africa (CAHF): Housing Finance in Africa Yearbook 2021 Short answer Is there any data available on housing affordability in Africa? Housing affordability is a function of three things: household income, the price of the house, and the terms of the finance. Across Africa, the confluence of low urban household incomes, high mortgage interest rates and short tenors (where these exist) or no finance at all, results in very low housi... Back Full answer
Housing Do more people in Africa live in urban areas or rural areas? Source World Bank: Rural population (% of total population) - Sub-Saharan Africa Short answer Do more people in Africa live in urban areas or rural areas? Sub-Saharan Africa remains mostly rural, with 53% of its population living in rural areas. ... Back Full answer