The world’s fastest urbanizing region is Africa according to the 2017 k as reported by the United Nations, Sub-Saharan Africa (SSA). Urban areas in this region currently contain 472 million people. The world-wise share of African urban residents is projected to grow from 11.3 percent in 2010 to 20.2 percent by 2050. Due to this population growth rate in African cities and the ever-growing need for decent and affordable housing in the region that will go at a current deficit of 57 million units. There are urban challenges maybe lack of funds to provide basic services, a shortage of adequate housing, declining infrastructure, and rising air pollution, and so on. There needs to be a future in which cities provide opportunities for all, with access to basic services, energy, housing, transportation, and more.

To promote the development and implementation of inclusive, innovative, and integrated urban development including urban renewal and low-cost housing projects Africa region. If we see affordability in the context in this region is very poor for example Nigeria has a low homeownership rate of 25%, lower than that of Indonesia (84%), Kenya (73%), and South Africa (56%). Mortgage finance, therefore, remains a very small percentage of Nigeria’s GDP, at 0.58% in comparison to the UK (80%), USA (77 %), and South Africa (31%).  Mortgage finance in Namibia = 20%, Botswana = 2.3%, Senegal = 2%, Rwanda = 1.2%, Algeria = 1.2%, Uganda = 1%, Cameroun = 0.5%.