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Innovation in finance key to boosting homeownership

Homeownership remains a pipe dream for many Kenyans if official data on mortgages is anything to go by.

The Central Bank of Kenya’s (CBK) Banking Supervision 2020 Report paints a gloomy picture of homeownership levels. Kenya only has 26,971 mortgages in a country that has a working population of roughly 22.3 million.

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