The U.S. Government’s Prosper Africa initiative has announced the close of $274 million in long-term financing for West Africa’s rapidly growing housing sector. This landmark partnership with Bank of America Securities, Inc, Brean Capital, LLC, The Bank of New York Mellon, Togo’s Caisse Régionale de Refinancement Hypothécaire (CRRH), the U.S. Agency for International Development (USAID), and the U.S. International Development Finance Corporation (DFC) opens new opportunities for U.S. investment in Africa’s emerging markets. It also provides an avenue for West Africans to gain greater access to homeownership. Millennium Development Authority (MiDA) Advisors served as the originator and lead transaction advisor on this landmark transaction according to a release issued last night. The deal, the release said represents an innovative approach to mobilise transparent, market-oriented financing at scale and is expected to help about 6,000 households gain access to homeownership. As par...