• Short Summary

    Delegates from nine African nations met in Abidjan, capital of the Ivory Coast, on Wednesday (October 3rd) for a conference on housing finance, sponsored by the United States Agency for International Development (AID).

  • Description

    Delegates from nine African nations met in Abidjan, capital of the Ivory Coast, on Wednesday (October 3rd) for a conference on housing finance, sponsored by the United States Agency for International Development (AID). The conference was opened by Ivory Coast Information Minister Edmond Zegbehi Bouazo, at the Houphouet-Boigny Congress Palace.

    The agenda for the two-day conference includes discussions on A.I.D. guarantees for housing investments, development of specialised institutions, professional training needs, and technical assistants.

    A statement by the American organization said that about 100 billion CFA frans (GBP 195.7 million sterling) had been spent over the past ten years to build over 50,000 lodgings in thirty African countries. They said 35,000 more were under construction or would begin shortly, guaranteeing 105 million dollars (GBP 42 million sterling).

    Delegations to the conference came from Zaire, Zambia, Tunisia, Senegal, Morocco, Liberia, Kenya, Gabon and the Ivory Coast.

    SYNOPSIS: Delegates from nine African nations met in Abidjan, capital of the Ivory Coast, on Wednesday, gathering the Houphouet-Boigny Congress Palace, for a conference on housing finance, which was sponsored by the United States Agency for International Development, or AID, as it is popularly known.

    The agenda for the two-day conference includes discussions on AID guarantees for housing investments, development of specialised institutions, professional training needs, and technical assistance. Observers from the World Bank, the French Central Fund for Economic Cooperation, and the United Nations also attended.

    The conference was opened by the Ivory Coast Information Minister, Edmond Zegbehi Bouazo, who stressed the importance of proper housing in improving the standard of living in Africa.

    Speakers at the conference included experts from AID, the United Nations, and representatives of private companies with specialised experience in home construction and financing in Africa.

    Mr. Peter Kimm, director of the AID Office of Housing in Washington, and organizer of the conference, told the delegates that about one hundred billion Central African France had been spent over the past ten years to build over fifty thousand lodgings in thirty African countries.

    Information Minister Bouazo stressed the social and economic importance of the investment, acknowledging the investment of another forty-two million sterling, scheduled in the current year.

    The Minister later thanked Mr. Kimm and all the other experts who made the conference a success.

  • Tags

  • Data

    Film ID:
    VLVAEJAIVZZBZK3OV60WAE7SQYJZO
    Media URN:
    VLVAEJAIVZZBZK3OV60WAE7SQYJZO
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    06/10/1973
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:47:00
    Time in/Out:
    /
    Canister:
    N/A

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