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TransCentury subsidiary eyes Sh30b housing project in DRC

TransCentury CEO Nganga Njiinu. [Elvis Ogina, Standard]

AEA Ltd, a subsidiary of listed regional infrastructure investment firm TransCentury, has inked a deal to build a Sh29.8 billion ($250 million) housing project in the Democratic Republic of Congo (DRC).

The trading firm signed a memorandum of understanding (MOU) with Symbion Architect to construct housing units for the Office Conglais De Controle (OCC) staff (a quality assurance body) over five years.

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