USAID | October 19, 2021
Today Dana Banks, Special Assistant to the President and Senior Director for Africa for the White House National Security Council, announced a pioneering investment at the Financial Times Africa Summit. Caisse Régionale de Refinancement Hypothécaire (CRRH) – a West African mortgage refinancing company headquartered in Togo – is using Prosper Africa support to help raise more than $300 million to expand financing for West Africa’s homeowners. This investment will mobilize private capital into West Africa’s housing sector, significantly increasing access to affordable housing across the region—a critical intervention amidst COVID-19.