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Absa boss calls for tailored financial solutions to solve housing crisis

A section of Nairobi's Kibra slum. [File, Standard]

Absa Bank Kenya chief executive Abdi Mohamed has called for tailored solutions in the financial sector to solve the housing shortage in the region.

Mr Mohamed said banks have a role in expanding the real estate market, particularly in mortgage, even as he underscored how promising the sector looks in East Africa.

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