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Eastern Africa

Kenyan Developer Secures IFC Funding For Affordable Housing

Centum Real Estate has secured a US$20 million loan.

September 8, 2023

By Sneha Abraham
Kenyan developer Centum Real Estate (CRE) has secured a US$20 million loan from the IFC to finance the construction of 1,940 affordable housing units in its Two Rivers development in Nairobi. The total estimated project cost is US$91 million.  The Two Rivers development comprises a 104-acre mixed-use urban node located within

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