Credit Foncier launches magazine to boost social housing

By Chinje Hopeson in Yaounde

 

The Cameroon Real Estate Fund known popularly in French as Crédit Foncier du Cameroun (CFC), has in move aimed at enhancing social housing in the country launched two key publications; Cash & Housing and CFC Magazine. Credit Foncier’s emblematic general manager, Jean Paul Marie Missi officially launched the two publications at a colourful ceremony that was staged at the Mont Febe Hotel in Yaounde on September 30, 2014.

According to CFC boss, the communication platforms will offer an opportunity to actors in the housing sector as well as other stakeholders in the shelter supply chain to share ideas and fine-tune better strategies of facilitating access to housing to a greater number of people at reduced cost. He added that the publications will respond to questions that focus on access to housing and address the global social housing problem in Cameroon.

Widely-saluted as a laudable initiative, Crédit Foncier du Cameroun officials say the monthly publication, Cash & Housing will close the information deficit gap that existed in the sector and will equally act as a platform for necessary debates in a sector with complex activities.

Going by the presentation of the CFC general manager, the choice of the name Cash & Housing was taken to symbolise a symbiotic relationship between those who are involved in the construction of lodging facilities and financial institutions that provide cash for such constructions.

The Guardian Post observed that the first issue of Cash & Housing Magazine is divided into nine columns: an editorial, table of content, point of reference, market trend, cover story, spotlight, partners, ideas and practical guides.

While the magazine is tailored towards expertise, publicity and partnership in relation to housing, it is expected that it will attain its objectives since it is going to be interactive, accessible, always available and distributed for free.

As for the CFC Magazine, it will be published quarterly and will enable readers to have a better understanding of the activities of Crédit Foncier du Cameroun.

The general managers of MIPROMALO and FEICOM were among many stakeholders who took part in Tuesday’s launching ceremony of Cash & Housing Magazine. FEICOM general manager, Philippe Camille Akoa was particularly full of praises for the management of Credit Foncier du Cameroun for what he qualified as a very laudable initiative.