IHS Fund II SSA focuses on production of high-quality, energy-efficient affordable housing in Namibia and Botswana, both for rental and homeownership. The fund had its initial close in 2016 and currently has approximately USD 75m total commitments. IHS Fund II SSA has a ten-year term. It is managed by International Housing Solutions, a fund manager active in Southern Africa where it has produced approximately 20 000 units of affordable housing through similar investment programmes.