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The IHS Kenya Green Housing Fund (“IHS Kenya Fund”) is the IHS Group’s first green affordable housing fund in Kenya. The IHS Kenya Fund was established in June 2021 with the purpose of investing in the development and acquisition of newly developed, green certified through EDGE, affordable housing properties in Kenya. In keeping with the affordability purpose, the Fund will make investments where the average market value per unit is less than KES 4,500,000 per unit, and targets households with income of no more than KES 150,000 per month, with such limit adjusted for inflation monthly in line with the most recently published consumer price index published by the Kenyan Government.

Fund size
180m
Fund Type
Infrastructure Funds
Geography
East Africa
Region
Sub-Saharan Africa
Sector(s)
Energy Efficiency
Vintage year
2020
EIB commitment
EUR 36m
Website
https://www.ihsinvestments.co.za/