News and Insights

Industry Highlights - Week Ending 19.04.2025 Housing Finance Partnership with International Housing Solutions (IHS) Housing Finance Company Kenya, a leading financial institution, announced its partnership with International Housing Solutions (IHS) to support the development of the Muzi Salama green affordable housing project in Kenya. HFC will offer accessible financing solutions for purchasing eco-friendly homes within the Muzi Salama project, providing sustainable and affordable homeownership opportunities for Kenyans. Source: Housing Finance Kenya

Industry Highlights - Week Ending 12.04.2025 Here’s a roundup of key developments shaping Kenya’s energy and infrastructure sectors this past week. From major funding to boost electricity access to strategic moves in oil storage and regional fuel supply, these stories reflect the shifting landscape and emerging opportunities across the country. Click the links below to read more: 1. Mi Vida Homes, a real estate developer, announced its entry into a strategic partnership with Kenya Commercial Bank (KCB) to enhance the development of affordable and eco-friendly housing in Kenya.

(Even if there are still concerns about the cost of the facilities, the government has been working to increase the uptake of mortgages through organizations like Kenya Mortgages Refinance Company (KMRC). The company, which was established in 2018, raises long-term capital to lend to participating lenders, such as microfinance organizations, commercial banks, and savings and credit cooperatives (SACCOs). After then, the lenders are able to match the maturities of the long-term credit that KMRC makes available to them with some of the house loans that they provide to borrowers, which leads to cheaper interest rates and more affordable conditions.)

hat is valuation? This is the art and the science of estimating the value of a particular interest in property for a specific purpose at a particular moment in time taking into account all features of the property and also considering all the other market factors. Who carries out valuation? This process is conducted by a Registered and Practicing Valuer who has the necessary knowledge and experience in carrying out the exercise. This renders their services competent and professional. What does it mean by being a registered and practicing Valuer? A registered and practicing Valuer is an individual who is registered under The Institution Surveyors of Kenya professional body, and licensed through the Valuers Registration Board, allowing them to conduct and practice valuation.

Africa's Wealth Boom: Kenya Emerges as a Real Estate Goldmine In a surprising twist that's catching the eye of global investors, Africa is rapidly becoming the new frontier for wealth creation and prime real estate opportunities. At the heart of this economic renaissance? Kenya, a nation that's quickly transforming into East Africa's crown jewel for ultra-high-net-worth individuals (UHNWIs) and savvy property developers alike. The Numbers Don't Lie: Africa's Wealth is on the Rise Knight Frank's "Wealth Report 2024" drops a bombshell: Africa's UHNWI population surged by 3.8% from 2022 to 2023. While this might seem like small potatoes compared to the global average of 4.2%, it's a clear signal that Africa is punching above its weight in the wealth creation arena