Plexus and Altair: Expanding Delivery Of Affordable Housing Solutions In Francophone Africa

It’s a privilege to embark on an exciting journey with our partnership to drive the delivery of affordable housing across Francophone Africa.

Affordable housing is one of the most pressing challenges in Africa today, particularly in Francophone countries where rapid urbanisation is putting tremendous pressure on housing markets. Our goal is to support governments, developers, and investors by providing tailored advisory services to help scale affordable housing solutions in this region.

More than 330 million people in sub-Saharan Africa lack adequate housing – a number set to double by 2050. This crisis also presents an opportunity for transformation, and our partnership is committed to delivering critical advisory services to address this growing need. The time to act is now.

About Altair – Trusted Leaders in Affordable Housing Solutions

Altair, a U.K.-based company, has led affordable housing initiatives for nearly 35 years. Founded to drive positive change in U.K. housing, we have since expanded globally, working across Europe, Africa, Asia, and South America.

Our expertise spans affordable housing, education, and sports, all tied to improving access, opportunity, and quality of life. With over 100 consultants worldwide, Altair has built a strong reputation for impactful, sustainable solutions. We specialise in housing strategy, subsidies, market studies, financial models, institutional reviews, capacity building, and more.

In-house, we focus on governance, finance, capital markets, institutional transformation, HR, recruitment, property development, asset management, financial modelling, and policy development.

About Plexus Africa Finance S.A. –  Financial Innovations for Housing and Development Financing in West Africa 

Plexus Africa Finance S.A. is a financial consulting and engineering firm established in 2022 to build on its founder’s 30 years of experience in advancing financial sector development and housing finance in the West Africa Economic and Monetary Union (WAEMU). Plexus also has a strong track record of pioneering initiatives in the regional financial market.

Plexus provides innovative and sustainable financing solutions for financial institutions, governments, and businesses across WAEMU and other African regions. Its core focus includes impact financing, fundraising, and strategic studies to promote affordable housing and real estate development.

In January 2024, Plexus Africa Finance S.A. partnered with Altair Consultancy and Advisory Services to expand their activities across WAEMU and the broader African continent. Through this partnership, Plexus brings extensive expertise in regional financial markets and housing finance, offering clients tailored solutions to drive sustainable development.

Why This Partnership Matters

As Altair expands in Francophone Africa, our partnership with Plexus is pivotal. Plexus brings local expertise and deep regional insights, while Altair adds global experience and lessons from Anglophone and European housing models.

Our Shared Vision

Affordable housing is essential for sustainable development and economic growth. Addressing this crisis requires innovative models, a decentralised approach, and active involvement from the private, public, and third sectors.

Our advisory services help governments, developers, and financial institutions design and implement scalable housing solutions. We are practitioners first, and report writers second – our team consists of industry leaders with direct, hands-on experience.

Olu has held CEO roles in major U.K. housing companies and is co-founder of a green housing developer in Nigeria and Ghana. Christian has led several WAEMU financial institutions and serves on the Board of the Centre for Affordable Housing Finance (CAHF) in Johannesburg.

Our Approach to Affordable Housing Advisory Services

Our services will include comprehensive market studies, designing financial models, building institutional capacity, regulatory frameworks and providing tailored strategic advice. Our goal is to empower our clients to make informed decisions that lead to successful, scalable housing projects.

We will focus on three main areas: (1) Expanding access to affordable housing finance, (2) Designing scalable and high-impact housing solutions, and (3) Building local capacity to ensure long-term sustainability of these projects.

The Impact We Aim to Achieve

Transforming Communities: By working together, we aim to deliver not just housing, but thriving, sustainable communities. Our services will help unlock billions in investments, create thousands of jobs, and ultimately improve the quality of life for millions of people.

Local Economic Growth: The expansion of affordable housing will also drive local economies, create job opportunities, and foster better living conditions for families. This is a long-term commitment to the growth of Francophone Africa.

Looking Ahead – The Future of Affordable Housing in Francophone Africa

Our work has just begun and the potential for impact is immense. We are dedicated to transformative solutions that ensure sustainable, inclusive, and accessible housing across the region.

Altair has strong relationships in the U.K. housing sector and, in partnership with Shelter Afrique (SHAF), recently organised a study tour of major London projects, including one of Europe’s largest housing developments. We aim to expand this programme, working with local institutions to transfer knowledge, build capacity, and strengthen key players in housing expansion.

We invite stakeholders – governments, private sector players, and development partners – to join us in making this vision a reality. Together, we can address Francophone Africa’s affordable housing crisis and create lasting change.

For more information, please contact us. We look forward to delivering real impact in the affordable housing sector.