EVENTS

 
 

INGREDIENTS FOR GROWTH:

African housing finance markets in 2011

The African Union for Housing Finance is pleased to announce its Annual Conference and AGM, to be held at the FNB Conference Centre in Johannesburg, South Africa, from 6-9 September 2011.

As a tool for building effective demand for housing, housing finance arises out of the interplay between the housing market and the financial market.  The housing market includes the supply of housing (whether for ownership or rental) in both the primary and resale markets, and this depends on the availability of land and infrastructure for housing development, suitable urban housing policies, functioning property markets and, in the case of mortgage markets specifically, a functioning deeds registry.  The ability to provide housing finance is determined by the financial market and how it operates within the broader, macroeconomic framework of a country or region, the risk management practices and requirements that prevail, various balance sheet constraints (influenced by both national and international fiscal policy, as well as by bank strategy), functioning property markets and foreclosure potential, investor interest and competing asset classes, and market infrastructure (Walley, 2011). Together, these factors create the environment in which housing finance can be offered, and this in turn creates the effective demand for housing which itself drives the housing market and frames, in part, the housing interests of the financial market.

Africa sits poised for economic growth, how can the these ingredients be orchestrated to facilitate growth in the housing finance market, and what can housing finance practitioners do strengthen their position?  These questions frame the agenda of the annual conference of the African Union for Housing Finance.  The AUHF Annual Conference will bring together investors, banks, development finance institutions, pension funds, housing development companies, and other housing sector practitioners to consider the opportunities for housing finance markets in Africa.  Taking place in Sandton, South Africa, from 6-9 September 2011, the AUHF Conference will explore the ingredients for growth in housing finance in Africa, and will identify opportunities for increased participation by housing finance sector practitioners.  The Conference will be followed by the Annual General Meeting of the AUHF, where a focused programme of action will be developed so that the body can represent its members’ interests in various policy and other forums throughout the year.

 

AFRICAN UNION FOR HOUSING FINANCE

The African Union for Housing Finance was established as a member-based body of housing lenders in 1984. Comprising 31 members from 15 countries in Africa, the scope and objectives of the AUHF encompass the following:

  To develop the institutional capacity of its members to enable them to effectively participate in addressing housing  finance challenges on the continent;

  Through the member institutions, to engage with their Governments;

  To position the AUHF as a key point of reference in housing finance matters on the continent;

  To secure sustainable resources to meet and implement the objectives and plans of the AUHF;

  To develop partnerships with other appropriate regional and continental bodies on the African continent.

 

The main event of the AUHF is its annual Conference and AGM, held in September of each year in a different country where one of the members plays the host.  Throughout the course of the year, members receive a monthly newsletter.  In addition, members are invited to participate in local conferences or workshops, and courses.  The AUHF also commissions research - at the moment we have a collaboration with FinMark Trust's Centre for Affordable Housing Finance in Africa.  

 

Membership fees for the 2011/12 Financial Year are R17 160 (about US$2,500) See www.auhf.co.za 

For more information, contact Kecia Rust on auhf.kecia@iafrica.com

 

The AUHF Annual Conference is open to the public.  Register now!

AUHF Members (paid-up): R2200

Non-members: R2800

A R R I V A L – Monday, 5 September 2011

All day

Delegates Arrival and registration

All

16:00 – 19:00

Executive Committee Meeting

EXCO members only

19:00

Welcome cocktail

All

DRAFT CONFERENCE AGENDA – DAY 1: Tuesday, 6 September 2011

Moderator: Reginald Motswaiso, Chairperson, AUHF

Time

Topic

 

08:30 – 09:00

Welcome, introduction, conference overview & objectives: ingredients for growth

Reginald Motswaiso, AUHF Chairman

Keynote addresses

Investment in Housing Finance in Africa

 

09:00 – 09:45

Housing finance as a key ingredient in the housing delivery framework

South African Minister of Human Settlements, Mr Tokyo Sexwale

09:45 – 10:30

Stimulating local financial investment in neighborhood economies, infrastructure and home improvement--a new multilateral approach

Bonnie Hewson, Chief Urban Finance Branch, UN Habitat

10:30 – 11:00

Tea

 

Morning sessions

The Financial Market

 

11:00 – 12:00

Investment Climate: Panel discussion on key issues facing investors in Africa.  Panelists to include investors and funders, rating agent

Pamela Lamoreaux, I H S;

Gerhard Engel, FMO;

Konrad Reuss, Standard & Poors

12:00 – 12:30

Financing Africa: Key issues for the housing finance sector

Samuel Maimbo, Lead Financial Sector Specialist - Africa, World Bank

12:30 – 13:00

Prudential rules for Housing Finance in Africa

Friedemann Roy, Senior Housing Finance Specialist, World Bank

13:00 – 14:00

Lunch

 

Afternoon sessions

The Housing Market

 

14:00 – 14:30

Regulatory, policy and supply issues in housing finance in Africa

Kecia Rust, FinMark Trust

14:30 – 15:30

Panel discussion: Opportunities for the supply of affordable housing. Panel of developers operating in Africa

Yusuf Patel, Basil Read;

Arnold Meyer, Renaissance Partners;

TBA, Shelter Afrique

15:30 – 16:00

Tea break

 

16:00 – 16:30

Infrastructure and housing: the implications of islands of service

Michael Kihato, Consultant

16:30 – 17:15

Developments in Ghana, Kenya

Dr Alexander Tweneboa, TAMSUF;

Frank Ireri, Housing Finance Kenya;

 

17:15 – 17:30

Closure and thank you

Reginald Motswaiso, AUHF Chairman

19:00

Dinner

 

DRAFT CONFERENCE AGENDA – DAY 2 : Wednesday, 7 September 2011

Moderator: Gijima Johannes Dladla, 2nd Vice Chairperson, AUHF

Time

Topic

 

8:30 – 9:00

Welcome and overview of the day’s session / key issues emerging from training session

Gijima Johannes Dladla, AUHF 2nd Vice Chairman

Morning sessions

Demand for housing finance

 

9:00 – 9:45

Access to housing finance in South Africa: a review of the past five years

Illana Melzer, Eighty20

9:45 – 11:00

Defining access to housing finance in Malawi, Tanzania, Botswana, Zambia

Illana Melzer, Eighty20

11:00 – 11:30

Tea

 

11:30 – 12:15

Borrower education: opportunities for a collaborative approach

Rosemarie Sabatino, CHF International

12:15 – 13:00

Launch of the Housing Finance in Africa Yearbook 2011

Kecia Rust, FinMark Trust

13:00 – 14:00

Lunch

 

Afternoon sessions

New markets and innovative interventions

 

14:00 – 14:45

Developments in Tanzania: the emergence and work of the Tanzania Mortgage Refinance Company

Rished Bade, CEO, Tanzania Mortgage Refinance Company

14:45 – 16:00

Panel discussion: Housing microfinance: a growing opportunity with unique partnerships to serve lower down market

Sean O’Sullivan, Select Africa;

Ezekiel Esipisu, Habitat for Humanity International;

Allan Cain, Development Workshop Angola

16:00 – 16:30

Tea break

 

16:30 – 17:00

Closing remarks: the prospective future for the AUHF

Cas Coovadia, AUHF Vice Chairman

19:00 – 22:00

Dinner

 

 

AUHF ANNUAL GENERAL MEETING : Thursday, 8 September 2011

Moderator: Reginald Motswaiso, Chairperson, AUHF

Time

Draft Agenda

 

9:00 – 13:00

AUHF Annual General Meeting

9:00 – 10:00  AUHF business

10:00 – 11:00  Small group (by region) discussions around draft statements:

·          Financial Markets

·          Housing Markets

·          Housing Policy

11:00 – 11:30  Tea

11:30 – 12:30  Plenary discussion on statements

12:30 – 13:00  Closure

 

 

 

 

 

AUHF Members Only

 

 

13:00 – 14:00

Lunch

All

14:00 – 16:00

EXCO Meeting

AUHF EXCO

16:00 – 16:30

Tea

All

19:00

Dinner

All

SITE VISIT : Friday, 9 September 2011

Site Visits to be organized on request: Please contact Kecia Rust (auhf.kecia@iafrica.com)

Time

Topic

 

9:00 – 12:00

Site Visit to housing projects in the Johannesburg area: Cosmo City, a mixed income & tenure neighbourhood (subsidized and market housing, rental and ownership) developed as a complete, new suburb, in northern Johannesburg.

 

To be organized on request.

 

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