This presents a fresh opportunity for Kenya to pursue this dream which has somehow been elusive. The need for housing is almost morphing into a crisis. In virtually every city across the continent, evidence of inadequate housing can be found in the proliferation of inform...
Richard Okello, a 35-year-old supervisor at the KEDA ceramics factory, said leveraging Chinese technology to produce outstanding floor tiles has boosted Kenya's affordable housing agenda, re-skilled local youth and created jobs. "This company has created a lot of jobs. It has provided a new m...
KMRC’s objective is to help Kenya grow its mortgage finance market for affordable housing by providing medium and long-term liquidity to mortgage lenders. The financier has been incorporated as a Private Limited Company owned by commercial banks and Sacco’s. Initially KMRC would be financed thr...
On Nov. 27, the affordable housing project in Kenya of China State Construction Engineering Corporation (CSCEC) held the "Witness Happiness" Cloud Open Day event. Abdi Ismail, Architect of the Park Road Affordable housing in Nairobi, led us to visit the Kenyan government's first affordable housi...
"The first batch of the flagship housing units demonstrates the government's commitment to deliver the affordable housing agenda," said Hinga, adding that the remaining housing units will be completed at the end of 2020. Kenya plans to develop 500,000 housing units by 2022 to help meet growing...
Kenya has an affordable housing problem, with the World Bank estimating the housing deficit at 2 million units. The government plans to build 250,000 houses each year, but experts say construction and financing need to change and speed up for the deficit to be met. Some are exploring...
Kenya is set to receive at least Sh8 billion from the UK to fund the construction of affordable housing. UK Foreign Secretary, Dominic Raab said Wednesday the funding — which would come in tranches — is part of the UK government’s support of President Uhuru Kenyatta’s vision of providi...
Affordable Housing investment Summit(AHIS 2019) in Africa is a leading affordable housing investment event aimed at bringing together investors, developers, policymakers, government bodies and agencies to expedite housing in Africa happening in Kenya, Na
Kenya is experiencing an acute shortage of housing for both its rural and urban population. The problem has been more evident over the last two decades as a result of the country's depressed economic performance. There is a proliferation of informal settlements due to high demand for housing. ...
“IHS’s agreement with Mi Vida Homes is timely because Kenya has a pressing need for housing that is not only affordable but offers the quality that ensures users get a dignified living. A key way of ensuring this goal is removing the market risk for developer partners because this will no...