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Why investors fear touching affordable housing in Africa

Boma Yangu affordable houses in Ngara, Nairobi. [Wilberforce Okwiri, Standard]

Patient capital (long-term capital) has been touted as one of the key solutions to the housing challenge in Kenya and the rest of Africa.

This is according to an analysis by two continental agencies - the Centre for Affordable Housing in Africa (CAHF) and African Union for Housing Finance. The analysis notes that the risk of investing in housing on the continent remains too high.

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