Housing Market Dynamics in Africa

Issa Faye is Manager of the African Development Bank's Research Division. He previously worked for the World Bank's Research Department and Rural Development Network of the Africa Region in Washington, DC, USA. He has lectured at the University of Auvergne, France, where he received a PhD in Economics from the Centre for Studies and Research on International Development. El-Hadj M. Bah is Principal Research Economist in the Development Research Department at the African Development Bank. He has lectured at the University of Auckland, New Zealand, and has published numerous articles on growth and development. He received a PhD in Economics from Arizona State University, USA. Zekebweliwai F. Geh is a Policy Advisor in the Development Research Department at the African Development Bank. Prior to this, he worked at the World Bank Group, Bank of America, and as a Research Fellow in the Social, Behavioral, and Economic Sciences Alliance at the University of Miami, USA. He earned a Masters in Public Policy from the Harvard Kennedy School, USA.

1. Introduction.- 2. The Housing Sector in Africa: Setting the Scene: The Political Economy.- 3. Housing Finance in Africa.- 4. Unlocking Land Markets and the Provision of Infrastructure for Affordable Housing in Africa.- 5. The Construction Cost Conundrum in Africa.- 6. Slum Upgrading and Housing Alternatives for the Poor.- 7. Conclusion.