On Monday, November 14, 2022, a US$13 million line of credit was approved by Shelter-Afrique, the pan-African housing development and finance company for the Lagos based real estate company, Mixta Real Estate PLC.

The US$13 million loan approved by Shelter-Afrique is intended to co-finance the construction of 356 housing units in Côte d'Ivoire, 162 units in Senegal, and 371 units in Morocco, with selling prices ranging from US$26,000 in Morocco, US$45,000 in Côte d'Ivoire, and between US$36,000 and 52,000 in Senegal.

During the signing ceremony of the loan agreement in Nairobi, the interim CEO of Shelter-Africa Kingsley Muwowo announced that “in Mixta Africa, Shelter-Afrique has a reliable partner who shares a common goal of developing accessible housing across Africa.

MuWoWo said that the denominated credit facilities were structured in naira and dollars to support their real estate projects. “The naira loans, which are supported by the first round of the ₦ 500 milliards qui a levé 46 billion bond, will support Mixta Africa's projects in Nigeria to guard against currency risks. The dollar note, which comes from our own capital resources, will support Mixta's projects in Morocco, Senegal and Côte d'Ivoire,” he said.