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The Nairobi-based Pan African housing and urban development financier Shelter Afrique recently raised Sh2.5 billion from the debt market to finance housing development. Finance Director Karen Kandie talked to JOHN OYUKE on the plans to deepen credit to provision to local property developers. Excerpts:
Q: Shelter Afrique recently successfully listed Sh2.5 billion three-year housing bond on the Nairobi Securities Exchange to help to fund construction of housing projects. What have you done so far with the proceeds?
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