×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Centum RE project gets Sh2.9b IFC backing

Garden City artist impression. [Courtesy]

Centum Real Estate (Centum RE) plans to build nearly 2,000 housing units received a huge financial boost after the World Bank's private investment arm proposed to lend it Sh2.9 billion.

The International Finance Corporation (IFC) said its board will sit on October 27 to decide on the loan application by Centum RE.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in