By Silvia Nyambura
Uganda’s National Housing and Construction Company (NHCC) has signed a loan agreement worth USD 9 million with Pan – African urban housing financier institution Shelter Afrique. This money is expected to go towards better supply of affordable housing in the country. The Agreement was signed in Nairobi by Acting Managing Director for Shelter Afrique Mr. Yekini Olayanju and NHCC’s Chairperson Ambassador Agnes Kalibbala in the presence of Uganda’s Minister of Housing Hon. Daudi Migereko and the NHCC Managing Director, Mr. Felix Okoboi.
Speaking during the signing ceremony in the week ending Friday 18th July 2014, Ambassador Kalibbala thanked the Minister and the staff of Shelter Afrique for successfully concluding the loan deal adding that this will go a long way in address housing deficit in Uganda.
“Signing is the culmination of hard work, a very big step and the beginning of a long and mutually beneficial relationship between Shelter Afrique and National Housing and Construction Company of Uganda,