Shelter Afrique to fund buyers of Mi Vida affordable houses

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Mi Vida Homes CEO Samuel Kariuki. FILE PHOTO | SALATON NJAU | NMG

Pan-African housing development financier Shelter Afrique plans to fund buyers of affordable homes built by private equity firm Actis, with the partnership set to start in Kenya with the potential to be replicated elsewhere.

Shelter Afrique will also partly finance the construction of the projects being undertaken by Mi Vida Homes — a joint venture between Actis and Shapoorji Pallonji Real Estate (SPRE).

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