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In June 2023, Kenya’s parliament passed a finance law with a new housing tax of 1.5% on gross income, to be used to build affordable housing. The law is being challenged in court. The law is ...
Shelter Afrique (SAf), also known as Company for Habitat and Housing in Africa, is a pan-African finance institution created to exclusively support the development of the African real estate and housing sector. Through its strategic partnerships, it offers products and related services which support the efficient delivery of commercial real ...
Overview. Housing Finance Company Limited is a large mortgage finance company, serving the mortgage needs of the Kenyan population. As of December 2020, the company's total assets were valued at KSh55,445,249,000 (approximately US$497 million), with shareholders' equity of KSh8.562 billion (approx. US$76.8 million).
Hustler Fund. The Hustler Fund, administratively also known as The Financial Inclusion Fund, is a loan project led by the Kenyan government which provides instant loans to Kenyan citizens upon request. The program was launched by President William Ruto in late 2022 with the intention of providing at least $420 million in loans.
The economy of Kenya is market-based with a few state enterprises. Kenya has an emerging market and is an averagely industrialised nation ahead of its East African peers. Currently a lower middle income nation, Kenya plans to be a newly industrialised nation by 2030. The major industries driving the Kenyan economy include financial services ...
Convened by the United Nations Human Settlements Programme (UN-Habitat), the forum is a unique non-legislative platform and one of the most inclusive international gatherings on urban issues. The first WUF was held in Nairobi, Kenya in 2002 and has been held around the world ever since. It is organized biennially in different locations around ...
As part of its affordable housing provision scheme, NCDF also partners with the African Housing Group, a UK based company with a mission to provide homes to millions of Africans in the Diaspora. Some of the countries currently benefitting from the NCDF- AHG partnership are Nigeria, Ghana, Kenya, South Africa, Ethiopia, Angola, Tanzania and Uganda.
e. Kenya Vision 2030 ( Swahili: Ruwaza ya Kenya 2030) is a Kenyan development program, aiming to raise the average standard of living in Kenya to middle income by 2030. It was launched on 10 June 2008 by President Mwai Kibaki. [ 1][ 2][ 3] Developed through "an all-inclusive and participatory stakeholder consultative process, involving Kenyans ...