Summary

The project has the vision to provide dignity housing using containerized structures and modular environments. According to a report by IFC, African cities become the new home to over 40,000 people every day. Kenya`s housing shortage is estimated at 2 million units, yet the soaring demand for housing is met by scant supply. The project aims to bridge the gap in low income by providing dignity and affordable housing. The expectation is to mobilize and inject capital to produce over 500 units in the 1st year and target Nairobi, Nakuru, Kisumu, and Uasin Gishu counties in Kenya. It will require a capital injection of USD 1.5 million over the period. The project is open for FDI through a minority stake.

Housing and Urban Development

Housing and Urban Development

Joint Venture

1500000

USD

Sites identified

Nairobi