• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Friday, May 20, 2022
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Lifestyle
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Calendar
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Lifestyle
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Calendar
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Gambia Raises Stake in Shelter Afrique to 0.27%

Eunniah MbabazibyEunniah Mbabazi
November 19, 2021
in African News, Infrastructure, Investment
Reading Time: 2 mins read
Gambia Raises Stake in Shelter Afrique to 0.27%

The Government of Gambia has increased its stake in Shelter Afrique to 0.27% after an additional $19,218.96 capital injection into the firm.

The Gambia is now the 11th country to increase its stakes in the firm after Kenya, Tanzania, Cameroon, Mali, Rwanda, Uganda, Togo, Swaziland, IvoryCoast, and Democratic Republic of Congo.

According to Shelter Afrique Group Managing Director Andrew Chimphondah, the firm has remained committed to financing real estate projects in Gambia, working closely with Taf Africa Global, a pan African real estate development company with presence in 8 African countries and dominance in Gambia and Nigeria.

ADVERTISEMENT

Some of the notable projects that Taf Africa Global has funded in Gambia include Kanifing East Housing Project, Brusubi Housing Project, Brufut Housing Project phase 1&2, Bin Luxury Shopping &Apartments Complex; Social Security & Housing Finance Corporation; Jarama Residence Project; and the development of the first Eco-Smart City in The Gambia, dubbed TAF CITY in Gunjur Town, which Shelter Afrique is partly financing.

When completed, the green city will comprise over 5000 units of affordable homes, housing 25 000 beneficiaries and creating over 80,000 direct and indirect jobs.

Shelter Afrique says within this year, the company has received more than $20million in additional capital contributions from Kenya, Cameroon, Tanzania, Mali, Rwanda, Uganda, Togo, Swaziland, Ivory Coast and Democratic Republic of Congo.

Shelter Afrique is a pan-African housing financier owned by 44 member states, including Kenya, the host nation, the African Development Bank, and Africa Re. The firm has also invested in Kenya Mortgage Refinance Companies (KMRC).

See Also:

Tanzania Raises Stake in Shelter Afrique to 1.72%


Hisa App Hisa App Hisa App
Previous Post

Kenya’s Imports from Tanzania Hit KSh20.5 Billion in H1 2021

Next Post

CBK Collects KSh 23.3 Billion at Weekly T-Bills Auction, 108.6% Oversubscription

Related Posts

Postal Corporation of Kenya Signs Deal with Somaliland

May 20, 2022

Ascent Capital Acquires Majority Stake in Valley Hospital

May 20, 2022

Bamba Secures $3.2M to Upscale its App

May 20, 2022

South Africa Hikes Interest Rate to 4.75%- Highest Rate in Six Years

May 20, 2022

Egypt Raises Intrest Rate 200 bps Citing Soaring Inflation

May 20, 2022

Nigeria’s Topship Raises $2.5 Million in its Seed Funding Round

May 20, 2022

Inflation In Tanzania Rises to 3.8% in April 2022

May 20, 2022

France to Invest $4.2 Billion in Tanzania over the Next 5 Years

May 20, 2022
Load More
Next Post

CBK Collects KSh 23.3 Billion at Weekly T-Bills Auction, 108.6% Oversubscription

ADVERTISEMENT

Follow Us

  • 136.4k Followers
  • 2.4k Subscribers
  • 1.1k Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

May
20
Fri
all-day Equity Group Book Closure
Equity Group Book Closure
May 20 all-day
 
all-day Stanbic Holdings Book Closure
Stanbic Holdings Book Closure
May 20 all-day
 
May
24
Tue
all-day BAT Kenya Payment of Final Dividend
BAT Kenya Payment of Final Dividend
May 24 all-day
payment of final dividend of kes 50.00
May
25
Wed
6:09 am Standard Chartered Dividend Payment
Standard Chartered Dividend Payment
May 25 @ 6:09 am – 8:30 pm
payment of final dividend of kes 14
May
26
Thu
all-day ABSA Bank Kenya Dividend Payment
ABSA Bank Kenya Dividend Payment
May 26 all-day
 
all-day I&M Group Final Dividend Payment
I&M Group Final Dividend Payment
May 26 all-day
 
View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

No Content Available

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2021. Hisa Technologies. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2021. Hisa Technologies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In