ALGIERS – Thursday, 05 October 2023 (APS) – Minister of Housing, Urban Planning and the City Mohamed Tarek Belaribi underlined Wednesday, in Algiers, Algeria’s willingness to share its experience with the African partners and take advantage of the their experiences in the field of housing.

In a statement to the press on the sidelines of the meeting of the board of directors of the Pan-African Real Estate Finance Institution (Shelter Afrique), organized on Wednesday as part of the Institution’s extraordinary General Assembly which will kick off on Thursday, Belaribi said that the “fruitful” meeting focused on Algeria’s experience in the sector of housing, stressing that Algeria is willing to share it with the African brothers.

After pointing out “the high level of the Algerian experience in the sector of housing,” the minister said that there is “a request to share Algeria’s experience in all the housing types at the African level.”

In 2022, a total of 400,000 housing units and 265 public structures were distributed, he added, underscoring that the execution of these projects was carried out with Algerian products.

In a speech given on this occasion, the President of the General Assembly of the “Shelter-Afrique” Institution, Ahmed Musa Dangiwa, asserted that Africa “faces important housing challenges. Therefore, it is important to redouble efforts, particularly in the review of the Institution’s regulatory and constitutional texts.”

For her part, the chairperson of the Board of Directors of the same institution, Chii Akporji, said that the review of the Institution’s regulatory and constitutional texts will be carried out during the extraordinary General Assembly set for Thursday at the International Conference Center (CIC) Abdelatif Rahal.

The opening of the meeting was held on Wednesday in the presence of the Director General of the Institution “Shelter-Afrique”, the chairperson of the Board of Directors, several African Housing ministers, in addition to officials from the Institution and the Algerian housing sector.