SHELTER AFRIQUE DEVELOPMENT BANK : Lionel Zinsou Takes the Helm of the Board of Directors

(LVDE) — In Nairobi, Kenya, Shelter Afrique Development Bank (ShafDB) has appointed Lionel Zinsou as Chairman of its Board of Directors, with Said Athman Mtwana named Vice Chairman. This leadership change reflects the bank’s commitment to advancing housing and infrastructure development across Africa.

On December 11, 2025, during the 149th meeting of its Board of Directors held in Nairobi, Kenya, Shelter Afrique Development Bank (ShafDB) elected Lionel Zinsou as Chairman and Mr. Said Athman Mtwana as Vice Chairman. These appointments mark a significant milestone for the pan-African institution, which is dedicated to promoting and financing housing, as well as urban development and related infrastructure.

Zinsou, a renowned economist and former Prime Minister of Benin, brings substantial experience in public policy and international finance. Upon his appointment, he expressed his honor at assuming the chairmanship at a pivotal moment for the bank. “The demand for decent and affordable housing in Africa is urgent, and it inspires us all,” he said, affirming his commitment to leading the bank with determination. He pledged to ensure that investments support communities while harnessing the continent’s growth potential.

For his part, Mtwana, representing the Group 1 member states, has recognized expertise in housing policy and urban development. He holds a master’s degree in urban planning and a bachelor’s degree in construction economics, and has gained solid experience through various government positions. In his initial remarks, he emphasized the importance of ShafDB’s mission, which directly addresses the needs of millions of African families seeking affordable housing. His commitment to promoting innovative solutions and ensuring effective governance underscores his dedication to inclusive growth.

ShafDB’s Managing Director, Thierno-Habib Hann, warmly welcomed the new leaders, noting that their experience comes at a crucial time for the bank. He also thanked the outgoing Chairman, Dr. Chii Akporji, and the outgoing Vice Chairman, Mr. Ahmed Belayat, for their leadership, which laid a strong foundation for the institution’s future growth.

ShafDB plays a vital role in financing housing projects across the continent. With rapid urbanization and population growth, the need for infrastructure and affordable housing has become more pressing than ever. The new leadership faces a major challenge: to truly transform the bank’s vision toward sustainable development in an increasingly complex environment.

Under this new leadership, ShafDB is preparing to tackle challenges related to urban growth and climate change, aligning its objectives with the aspirations of African nations. The strategic direction set by Lionel Zinsou and Said Athman Mtwana is expected to accelerate the development of adequate housing and promote sustainable solutions, thereby fostering a better future for all Africans.

This leadership change at ShafDB stands as a strong symbol of collective commitment to inclusive development. Through solid partnerships and a bold vision, the bank aims not only to meet immediate housing needs but also to build a framework conducive to resilient economic growth across the continent.

Tressy Chouente