In Rwanda, there is currently a backlog of over 344,068 housing units, just in Kigali. If we consider that Rwanda’s Vision 2020 initiative is planning for an urbanisation rate of 35% by the year 2020, then an additional 350,000 homes will be required to support the demand.
US$38,000 is the lowest cost of a newly built house which is 95m2 in size. Construction costs are inflated somewhat by the higher price of concrete compared to the continental average – 50kg of concrete is priced at US$12.00. There are existing government-funded housing projects, but in order for these to come to fruition, they must meet a number of criteria and beneficiary profiles. These criteria include; projects must offer a variety of housing unit sizes and categories and designed using locally sourced materials as far as possible.