Mmamoloko Kubayi on developing sustainable housing projects in Africa
Similar to most developing regions of the world, it is becoming increasingly difficult for the vast majority of urban residents in Africa to obtain and retain adequate and affordable land and housing, leading to large populations resorting to informal settlements. CNBC Africa spoke with Mmamoloko Kubayi, Minister of Human of Settlements, South Africa to shed light on what is Africa's plan to counter this challenge.
Fri, 09 Jun 2023 10:09:23 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- The majority of Africa's population is moving to urban areas in search of better opportunities, leading to a rise in informal settlements lacking basic services.
- Countries in Africa, including South Africa, are prioritizing efforts to eradicate informal settlements and build resilient communities in response to climate change.
- The housing market in Africa presents a significant investment opportunity through the development of sustainable housing projects and the upgrading of informal settlements.
Similar to most developing regions of the world, Africa is facing challenges in providing adequate and affordable housing for its urban residents, leading to a rise in informal settlements. Mmamoloko Kubayi, the Minister of Human Settlements in South Africa, sheds light on the current state of informal settlements in Africa and the plan to address this pressing issue. With urbanization on the rise, there is a growing need to develop sustainable housing projects to ensure the well-being and safety of the population. Kubayi emphasizes the importance of formalizing informal settlements to provide residents with access to basic services such as water, electricity, and sanitation. She also highlights the need for collaborative efforts to eradicate informal dwellings and build resilient communities in the face of climate change. By mobilizing resources and investing in housing infrastructure, Africa can not only address the housing crisis but also create new opportunities for economic growth and development.
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