The first African Ministerial Conference on Housing and Urban Development (AMCHUD) was held in Durban, South Africa, from 31 January to 4 February 2005. The conference, whose theme was Urbanization, Shelter and Development: Towards an Enhanced Framework for Sustainable Cities and Towns in Africa, reflected the political will in Africa to address the challenge of urbanization and goal of sustainable human settlements at a continental level.
The fifth African Ministerial Conference on Housing and Urban Development (AMCHUD 5)
Although human settlements financing has faced varied challenges in the past, new modalities for financing urban development have started to emerge in Africa, including infrastructure bonds, variants of land value-capture, mortgage re-financing facilities, and micro-lending for housing. In addition, more countries have put in place instruments for accessing local and global capital markets and robust fiscal mechanisms being developed for mobilizing and deploying resources for urban development. These financial advances are taking place against the backdrop of an evolving financial landscape and there is also a new dynamism unfolding on the continent.
The challenges still abound while the initiated efforts although positive have not matured to yield visible impact. As a result African Ministers responsible for housing and urban development at the Special Ministerial meeting that took place at the sides of the twenty fourth Governing Council of UN-Habitat in April 2013 settled on the theme.
“Case Studies in Financing Human Settlements in Africa: Appropriate Legislative Frameworks and Innovations in Implementation," for AMCHUD 5 which is scheduled to take place, 25-28 February 2014, in N'Djamena, Chad and will seek to achieve the following objectives:
Develop an enhanced operational compendium for legislative framework and innovative practices for human settlements financing;
Define ‘Africa Urban Agenda 2063’ that will also serve as an input into the African Union’s ‘Agenda 2063 as well as to the Post-2015 Agenda and to Habitat III;
Approve the foundation documents for the Institutionalization of AMCHUD;