Mozambique plans to build more than 1,500 affordable housing units for its population by 2024. This was announced on Thursday, December 3, 2020, by Cecilia Chamutota, Vice Minister of Housing of Mozambique.
This program is part of the "Renascer" plan launched last March to reduce the housing deficit in the country. It targets mainly the populations aged between 22 and 45, with average incomes, in particular public workers, or young people at the beginning of their careers, whose salaries are generally equivalent to five times the minimum wage in the country.
In the first phase of this project, 230 million meticals (more than $3 million) will be invested to build about 300 housing units in Maputo, but also in Nampula and the Cabo Delgado province, which is plagued by growing insecurity; 30 other units have already been inaugurated by the authorities in the district of Manhica, in the capital of the country.
It should be noted that each housing unit will cost its owner close to $9,000, payable over 20 years at a rate of nearly $40 monthly.
Moutiou Adjibi Nourou
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
West African universities met in Dakar to address youth employment Delegates drafted a 10-15 ...
KenGen increased its profit after tax by 54% to KES 10.48 billion ($81 million). More than 90% of its 1,786 MW installed capacity comes from...
ARCEP launched DNSSEC on Burkina Faso’s national “.bf” domain on 5 December 2025. ICANN supported the project through the Coalition for Digital...
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Bandama exports more than 1,500 tonnes of fresh mangoes...
DRC ends legal chaos with 20-year unified licenses for mobile giants, boosting investor security and paving the way for tech neutrality. Data...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...
Mauritius recorded a 56% increase in UK Google searches for “Christmas in Mauritius” over the past three months. The island ranked fourth overall...