Bangkok, Thailand, 16 October 2026: Shelter Afrique Development Bank (ShafDB) and Vista Group Holding SA (VGH SA) signed a memorandum of understanding today on the sidelines of the Annual Meetings of the FMI and the World Bank Group. This partnership aims to increase long-term financing for affordable housing in West Africa.
Under the terms of this memorandum, both institutions will explore avenues for cooperation regarding housing finance, risk sharing, and technical support. This partnership combines ShafDB's long-term capital and expertise in the housing sector with Vista's banking network to support real estate developers and expand access to affordable housing.
Thierno-Habib Hann, Managing Director of Shelter Afrique Development Bank, stated: ''Through our partnership with Vista Group, Shelter Afrique Development Bank's long-term funding is supported by a banking network covering the entire African continent. Together, we can provide financial support to more developers, help more households secure housing, and create jobs across every link of the housing value chain in all our markets.''
Yao Kouassi, Group Managing Director of Vista Group Holding SA, indicated: ''Through this partnership with Shelter Afrique Development Bank, we will be better positioned to provide long-term financing for affordable housing for the benefit of communities in our markets. We look forward to turning this shared ambition into reality by creating more housing.''
This partnership supports the mission of ShafDB, which consists of providing financing, advisory, and research solutions to address the housing crisis through partnerships with public and private actors. It also contributes to strengthening the presence of VGH SA in the affordable housing market.
About Shelter Afrique Development Bank (ShafDB) Shelter Afrique Development Bank (ShafDB) is a pan-African multilateral development bank (BMD) dedicated to promoting and financing sustainable housing, urban development, and related infrastructure. Website: www.shelterafrique.org About Vista Group Holding SA (VGH SA) Vista Group Holding is a financial services holding company that aims to build a leading pan-African financial institution, serving economic growth and financial inclusion in Africa.
As part of its growth strategy, Vista has established strategic partnerships with several international financial institutions. These partnerships focus primarily on services for MPME (leasing, factoring, meso-finance, banking services for women, etc.), trade and supply chain finance, corporate banking, and bancassurance.
Through these partnerships, Vista also intends to increase its profitability, reduce operating costs, and mitigate risks. Vista Group is committed to seizing growth opportunities in each of its markets to establish itself as the preferred financial institution by offering innovative banking and insurance products.
Website: www.vistabankgroup.com Media Contacts Shelter Afrique Development Bank: Aby Agina [email protected] Vista Bank Group: Laetitia Camara [email protected] Published on 20/10/26 08:30 Press release