The Business & Financial Times
State Housing, Absa Bank partner to expand mortgage financing    
Business

State Housing, Absa Bank partner to expand mortgage financing    

Wisdom JONNY-NUEKPE
Published August 26, 20262 min read

State Housing Company Limited (SHC) and Absa Bank Ghana have signed a memorandum of understanding (MoU) aimed at expanding access to mortgage financing and helping address Ghana's estimated housing deficit of 1.8 million units.

Published by Juliet Etefe
28 views

Comment guidelines

Please keep comments respectful. Use plain English for our global readership and avoid using phrasing that could be misinterpreted as offensive. By commenting, you agree to abide by our community guidelines and these terms and conditions. We encourage you to report inappropriate comments.

All Comments0

No comments yet. Be the first to share your thoughts.

Related Coverage: Business

Ghana Bauxite, Ecobank seal US$250m deal
Business

Ghana Bauxite, Ecobank seal US$250m deal

Ghana Bauxite Company Limited (GBC) has signed a financing mandate with Ecobank Ghana PLC for proposed facilities of up to US$250 million to expand and modernise its mining operations at Awaso, in a move expected to strengthen production capacity and support Ghana's ambition to process more of its bauxite locally.

Banks recover only 5% of funds lost to fraud — GAB        
Banking & Finance

Banks recover only 5% of funds lost to fraud — GAB        

The Ghana Association of Banks (GAB) has raised concerns over the low recovery rate of funds lost to fraud across the country’s banks and specialised deposit-taking institutions (SDIs) - estimated at only about 5 percent - and called for stronger intelligence-sharing among financial service providers.