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US representative David Renz cuts a tape as Lands minister Charity Ngilu and Global Interim President and Chief Executive Officer of IGS Mike McCathy (right) look on during the official opening of compressed agricultural fibre (CAF) panel house at Kura, Industrial area in Nairobi on 30th September.America International green structure has ventured in Kenyan construction market. 2014. [PHOTOS:JAMES WANZALA/STANDARD]
Kenya’s housing market is thriving on the back of strong economic growth, which is consistent with economic expansion across sub-Saharan Africa. Much of the growth is as a result of a burgeoning middle-class population ready to invest in new homes.
According to a recent African Development Bank (AfDB) study, Kenya’s middle-class constitutes about 45 per cent of the population.
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