About SHAFDB

At the Heart of Africa’s Housing Transformation

Shelter Afrique Development Bank(ShafDB) is the Pan-African Multilateral Development Bank(MDB) dedicated to promoting and financing housing, urban development and related infrastructure.

It operates through a shareholding of 44 African Governments and two institutional shareholders: the African Development Bank (AfDB) and the Africa Reinsurance Corporation (Africa-Re).

USD 30 Billion

Investments Mobilized

100+

Projects Financed

30+ years

Institutional Experience

History & Heritage

A Journey Through Time

From our inception in 1982 to our transformation into a leading Development Bank, we remain committed to financing affordable housing across Africa.

June 28

Shelter Afrique is Born

Conceived in Lusaka, Zambia following a historic meeting between African member states to address housing needs.

January 1st

HQ Set up in Kenya

Strategic establishment of our operational headquarters in the East African economic hub of Nairobi.

October 5

Institutional Shift

Formal transformation into the Shelter Afrique Development Bank during the Extraordinary General Meeting in Algiers.

Our Strategic Goals

The overarching theme of 2023 – 2027 CSP is: “Stabilization, modest growth towards sustainable resilient and inclusive development.”

Our Vision

A decent and affordable home for all Africa

Our Mission

To provide affordable housing finance and advisory solutions through partnerships to address Africa’s severe affordable housing needs

Our Core Values

Accountability Customer Eccentricity Teamwork Integrity Innovation

Our Board of Directors

Driven by expertise. United by purpose.

Our Senior Management

Driven by expertise. United by purpose.

Our Members

Owned by 44 African member states and leading regional institutions, governed by high-level ministers to ensure strong oversight and strategic direction.