Affordable Housing | Innovation empower people to help themselves

Affordable Housing: Innovation empower people to help themselves
Africa needs to create jobs to fight high unemployment. What product can be “produced” to stimulate job creation, skills development and stimulate entrepreneurship? How can people outside the economy be brought back into the economy? Housing crisisThe world is experiencing a global housing crisis. About 1.6 billion people globally live in substandard housing and 100 million are homeless, according to the United Nations. If no serious action is taken, the United Nations reports that the number of slum dwellers worldwide will increase over the next 30 years to nearly 2 billion. Despite the progress in meeting low cost housing in Africa, UN agency Habitat, says that the continent requires 4 million units per year to cover its low cost housing needs. Poverty housing affects people’s health and well-being, their job prospects and ability to make a living. It locks people into a cycle of poverty. It also holds children back from …