Egypt’s Prime Minister Mostafa Madbouly witnessed on Thursday the signing of an accord regarding hosting the permanent headquarters of the African Organisation for Housing Cooperatives in Cairo, according to a statement issued by Egypt’s General Authority for Construction and Housing Cooperatives (GACHC).
In July, The GACHC announced that Egypt has secured the majority of votes of both the International Cooperative Alliance and the African Cooperative Alliance to host the permanent headquarters of the African Organisation for Housing Cooperatives.
The accord also includes hosting the International Cooperative Alliance’s regional office for North Africa, according to the statement.
Prior to the pandemic, the GACHC organised the third round of the international conference for cooperative housing in December 2019 under the theme ‘Sustainable Cooperatives’, discussing the alignment of international and national cooperative development frameworks with the 2030 global sustainable development goals (SDGs).
As the voice of the cooperatives, the GACHC is committed to educating its stakeholders about its efforts and how they fit within the SDGs, helping cooperative companies respond to the UN’s call to action, and collecting information about their contributions to the 2030 agenda in order to better position cooperatives as partners throughout the implementation process.
According to the International Cooperative Alliance, the cooperative movement in Egypt currently consists of five sectors, including consumer goods, agriculture, fishing, housing, and production. It covers 18,000 democratic cooperative organisations, with 25 million citizens benefiting from its services.