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From left: Kenya Mortgage Finance Company (KMRC) Head of Risk and Compliance Florah Muthaura, IFC Business Development Lead for Financial Institutions East Africa Jes Chonzi, KMRC CEO Johnstone Oltetia, IFC Manager for Sub-Saharan Africa Gokhan Kont, KMRC Head of Legal Services Elisha Nyikuli and Head of Credit Geofrey Mwaura during a business meeting to discuss partnership opportunities in the Affordable Housing Programme last year. [File, Standard]
The Kenya Mortgage Refinance Company (KMRC) has received regulatory approval from Capital Markets Authority (CMA) to raise Sh10.5 billion through medium term-debt notes.
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