P O BOX 72624,

PARKVIEW, 2122, SOUTH AFRICA

TEL: +27 11 447 9581 • FAX: 086 518 3579
E-MAIL: auhf@housingfinanceafrica.org

Zambian housing finance leaders join the African stage

Mr. Joseph M Chikolwa, the Managing Director of the Zambia National Building
Society, has been elected by the members of the African Union for Housing Finance
(AUHF), to serve as Chairperson of the Board for a two-year term. Twenty-four
member institutions of the AUHF met last week in Abidjan, Côte d’Ivoire, for their
34th Annual Conference and AGM, where a new Board was elected. Mr Chikolwa
replaces the outgoing Chairperson, Mr Oscar Mgaya, who served for four years.

The full, eight-member Board comprises the following members:

Mr Joseph Chikolwa, Managing Director of Zambia National Building Society, as AUHF Chairperson
Mr Andrew Chimphondah, Managing Director of Shelter Afrique as AUHF Vice Chairperson
Dr Chii Akporji of Nigeria Mortgage Refinance Company as AUHF Secretary

Mr Cas Coovadia, Managing Director of the Banking Association of South Africa as AUHF Treasurer
Mr Christian Agossa, Director General of of Caisse Regional de Refinancement Hipothecaire de l’UEMOA
(CRRH-UEMOA)
Mr Oscar Mgaya, Chief Executive Officer of Tanzania Mortgage Refinance Company
Mr Mehluli Mpofu, Deputy Managing Director of Central African Building Society (CABS)

Mr Mfundo Mabaso, Growth Head of FNB Home Finance, a division of FirstRand Bank Limited

The African Union for Housing Finance was established as a member based body of housing lenders in
1984. Comprising 47 members from 17 countries, the AUHF seeks to promote the growth of housing
finance across Africa, building institutional capacity at the local level and working with governments for
the development of policies conducive for market development. Through its meetings and activities, the
research it undertakes and the news it disseminates to its members, the AUHF has consistently
championed the growth of housing finance markets for the benefit of Africa’s populations. The AUHF
Board is elected for a two year term, and the Chairperson may serve for two terms.
The AUHF AGM was preceded by the AUHF’s annual conference held from 23-25 October 2018 in Abidjan,
Côte d’Ivoire. Under the theme “Building Africa’s Housing Financing Chain”, 178 delegates from 31
countries deliberated on the key issues that would grow housing finance across the continent.
The newly-elected AUHF Board’s two-year term will end in October 2020. For more information, please
visit the AUHF’s website: www.auhf.co.za

MEMBERS IN THE FOLLOWING COUNTRIES:

BOTSWANA, GHANA, KENYA, LESOTHO, MAURITIUS, NAMIBIA, NIGERIA, RWANDA, SEYCHELLES
SOUTH AFRICA, SWAZILAND, TANZANIA, THE GAMBIA, UGANDA, USA, ZAMBIA AND ZIMBABWE