Taking place on the first of June, the conference was themed around exploring economic diversification, development and the strengthening of democracy in Angola. Larry spoke as part of a panel concerning inclusive economic policy, and contributed to discussions with representatives from Angola’s main political parties on approaches to affordable housing.
Angola's political and economic malaise was discussed at length; an issue that is particularly relevant in relation to affordable housing. Larry commented on the challenges faced by housing developers in a country experiencing a 1.9 million housing unit shortfall from that promised by its government in 2008. He recommended that Angola look towards moving beyond transactional approaches to house building, and instead towards creating and developing local institutions that possess business and technical knowledge, a track record and a legitimate credit rating so they are able to deliver housing continuously and sustainably.
HabiTerra, Reall’s Housing Development Enterprise operating in Angola, stands as a great example of this model, and is paving the way as an innovative leader in affordable housing for low income Angolans. HabiTerra’s main housing development in Luanda is establishing itself as a thriving community, with clients residing in much needed decent and affordable homes on titled land, with access to basic services.
Photo left to right: Ricardina Pederneira, Alex Vines, Sidonia Lucia Kula, Larry English.