EBRD and AFINHAB support affordable housing finance in Benin, Cote d'Ivoire and Senegal
Benin, Aug. 4 -- The European Bank for Reconstruction and Development (EBRD) is supporting access to affordable housing finance in Benin, Cote d'Ivoire and Senegal by investing up to €9.6 million (XOF 6.3 billion equivalent) in a €61 million (XOF 40 billion equivalent) social bond issuance by AFINHAB.AFINHAB (formerly CRRH-UEMOA) is the regional housing finance institution serving the countries of the West African Economic and Monetary Union (WAEMU).The bond is being issued through a public offering and will be listed on the Bourse Regionale des Valeurs Mobilieres. It is AFINHAB's second social bond, reinforcing the institution's role in channelling long-term financing towards social priorities across the region.The EBRD's inves...
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