Set to hold in Quito, Ecuador, in October this year, the President will discuss housing challenges associated with urbanization.

READ: "Approach housing, not as a brick-and-mortar problem, but as a system", building expert advises President Buhari

With studies showing that  Africa is urbanizing with a 4.5% rate, it only makes sense that there is an increase in the demand for houses.

The Guardian reports that the conference will be hosted by the Minister for Power, Works and Housing, Babatunde Raji Fashola, with the UN Under-Secretary-General and UN-Habitat Executive Director, Dr. Joan Clos; Executive Director, United Nations Population Fund (UNFPA) Dr. Babatunde Osotimehin; and others in attendance.