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Get to know Shelter Afrique

Established in 1982 by African governments, the African Development Bank (AfDB), and the Africa Re-Insurance Corporation (Africa-Re), Shelter-Afrique's mandate is to address the continent's acute housing shortage. It operates as a development finance institution, providing a range of financial products (including project finance, lines of credit, and equity investments) and technical advisory services to public and private sector partners for housing and urban development projects. In 2023, the organization rebranded from "Shelter Afrique" to "Shelter-Afrique Development Bank (ShafDB)" to better reflect its status and mission.

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Shelter Afrique

Kenya

Founded in

1982 (44 Years)

Founded

Last online: No recent activity

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(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.