The Regional Mortgage Refinancing Fund of the UEMOA (CRRH-UEMOA) held its last Commitment Committee meeting today, bringing the amount of refinancing authorized in 2025 to 60 billion CFA francs for nine (09) banks in the Union based in Benin, Burkina Faso, Côte d’Ivoire, Senegal, and Togo.
The total amount of support granted by the institution since its creation now reaches 440 billion CFA francs. This performance, made possible by the mobilization of long-term resources on financial markets and from development partners, marks a decisive acceleration in the implementation of the 2023-2027 strategic plan.
2025 was marked by a major advancement for the CRRH-UEMOA, with the successful launch of a 60 billion CFA francs social bonds issuance, the first of its kind aimed at financing affordable housing in the Union. This operation confirms investors’ confidence in the institution’s reputation and its high social impact mission.
Two years after the launch of its 2023-2027 strategic plan, the institution has already granted over 140 billion CFA francs in new support, demonstrating sustained momentum and operational growth.
Cumulative Impact (since 2010):
– Total support: 440 billion CFA francs
– Financed housing: ~24,000
– Beneficiary individuals: ~120,000
– Direct jobs created: 32,000
Madame Yedau OGOUNDELE, Managing Director of the CRRH-UEMOA, stated: “These results validate the relevance of our strategic plan. Each billion we deploy brings us closer to our goal: making decent housing a reality accessible to thousands of families in the Union. The issuance of our first social bond is not an end in itself, but a means to accelerate our mission and respond more effectively to the immense need for housing finance. We are more committed than ever to keeping our promises and transforming the market sustainably.”
The performance of the CRRH-UEMOA is based on successful diversification of its solutions, including traditional refinancing, securitization solutions developed in partnership with BOAD Securitization, and guarantee mechanisms designed with the African Solidarity Fund (FSA). This combination of tools maximizes the impact on the entire housing finance value chain.
Since its inception, approximately one-third of financed buyers are women. The institution contributes to strengthening the financial resilience of beneficiaries, reducing gender inequalities, and building a more stable and inclusive society.
Established in 2010 by the Central Bank of West African States (BCEAO), the West African Development Bank (BOAD), and the Financial Markets Authority of the UEMOA (AMF-UEMOA), the CRRH-UEMOA is a leading regional financial institution dedicated to housing finance in the UEMOA. Since its creation, it has mobilized over 475 billion CFA francs, impacting over 120,000 beneficiaries. It plays a key role in the development of the mortgage market and the financing of real estate projects in the region.
