{"id":190463,"date":"2024-06-18T16:40:48","date_gmt":"2024-06-18T16:40:48","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/06\/18\/ghana-wins-seat-on-development-bank\/"},"modified":"2024-06-18T16:40:48","modified_gmt":"2024-06-18T16:40:48","slug":"ghana-wins-seat-on-development-bank","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/06\/18\/ghana-wins-seat-on-development-bank\/","title":{"rendered":"Ghana wins seat on Development Bank \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p id=\"article-123\">Ghana has won a seat on the Board of Directors of Shelter Afrique Development Bank.<\/p>\n<p>The victory at the 43rd Annual General Meeting (AGM) held in Kigali, Rwanda, on June 13, 2024, makes Ghana one of six countries to steer the affairs of the Bank.<\/p>\n<p>The Minister for Works and Housing,\u00a0Kojo Oppong Nkrumah, who led Ghana\u2019s delegation to the AGM, expressed optimism about the opportunities this development will unlock for the country.<\/p>\n<p>Shelter Afrique, a Pan-African housing finance and development institution, has been pivotal in promoting affordable housing across the continent. This year\u2019s AGM, themed \u201cSustainable Partnerships in the Affordable Housing Finance Value Chain,\u201d brought together representatives from member states, financial institutions, and development partners. The primary focus was on transforming Shelter Afrique into a dynamic development bank that meets international standards.<\/p>\n<p>Addressing the media on the sidelines of the meeting, Minister Oppong Nkrumah highlighted the significance of Ghana\u2019s new position.<\/p>\n<p>\u201cSecuring a seat on the Board of Shelter Afrique is a strategic victory for Ghana. This development enhances our influence within the organization and positions us to attract more resources to support our affordable housing initiatives,\u201d he stated.<\/p>\n<p>The Minister emphasized that increasing Ghana\u2019s presence in Shelter Afrique is part of a broader strategy to strengthen its shareholding and leadership role within the bank. \u201cOur increased presence at Shelter Afrique will enable us to tap into a wealth of resources and expertise. This will significantly boost our efforts in rolling out affordable housing projects and providing mortgages to make these homes accessible to our citizens,\u201d Oppong Nkrumah explained.<\/p>\n<p>The AGM marked a pivotal moment for Shelter Afrique, as underscored by its Managing Director, Thierno Habib Hann. \u201cThis AGM marks a decisive turning point to affirm our journey of transformation,\u201d Hann remarked. The meeting\u2019s discussions centered around fortifying the organization\u2019s operational framework and aligning it with international best practices to better serve its member states.<\/p>\n<p>For Ghana, this new board seat is a testament to the country\u2019s commitment to addressing its housing deficit. Currently, Ghana faces a significant housing shortfall, with demand far outstripping supply, particularly in urban areas. The government has been proactive in seeking partnerships and investments to bridge this gap, and its engagement with Shelter Afrique is a critical part of these efforts.<\/p>\n<p>Minister Oppong Nkrumah reiterated the government\u2019s dedication to leveraging this new position for the greater good. \u201cWith this seat, we are better positioned to influence decisions that directly impact our housing sector. We will advocate for policies and initiatives that support our national housing agenda and ensure that the benefits of our membership in Shelter Afrique are fully realized,\u201d he added.<\/p>\n<p>The Minister also expressed gratitude to the member states and partners who supported Ghana\u2019s bid for the board seat. \u201cWe extend our heartfelt thanks to our fellow member states and partners for their confidence in Ghana\u2019s capabilities. This collective effort underscores the spirit of cooperation and shared goals that define Shelter Afrique,\u201d he concluded.<\/p>\n<p><strong>Source:\u00a0<\/strong>Peace FM<\/p>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ghana has won a seat on the Board of Directors of Shelter Afrique Development Bank. The victory at the 43rd Annual General Meeting (AGM) held in Kigali, Rwanda, on June 13, 2024, makes Ghana one of six countries to steer the affairs of the Bank. The Minister for Works and Housing,\u00a0Kojo Oppong Nkrumah, who led [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":190465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-190463","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghana wins seat on Development Bank \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/06\/18\/ghana-wins-seat-on-development-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana wins seat on Development Bank \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Ghana has won a seat on the Board of Directors of Shelter Afrique Development Bank. 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