Social Infra Ventures

Africa has the fastest-growing population on earth, and African cities face rapid urbanization, which requires massive investment in affordable housing. It is essential for new housing developments to be built with high-quality materials and be resilient to the climate stressors facing the region, as well as designed around the needs of underserved populations, and in particular, women. Despite this, the mortgage market is nascent across low-middle income groups, particularly for women, and access to green finance for developers remains limited.

Social Infra Ventures (SIV) aims to develop green, affordable housing in secondary cities in Morocco using a gender-responsive approach throughout the community planning, design, and financing processes. Using a combination of international and local debt and equity capital to fund the pilot phase, the instrument aims to list its rental platform via a Real Estate Investment Trust (REIT) on the Moroccan capital market, using the proceeds to fund future phases and reach scale.

Also Read: Housing Supply in the Netherlands: The Road to More Affordable Living