Rwanda : KCB to step into housing quandary

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The state of Rwanda’s housing sector has long been a sticky issue, with a reported deficit of almost 24,500 housing units per year.

However, there is light at the end of this particular tunnel as a delegation of Kenya Commercial Bank Group developers’ Club is in the country to assess and contemplate ways through which the bank can aid in efforts to address a crippling housing shortage in the country and region at large.

The 30-strong delegation is scheduled to visit low cost housing projects to learn about challenges facing African countries with a growing middle class who lack affordable housing either for outright purchase or mortgage purposes.

The Developers Club was launched in 2009 with the aim of assisting developers to sell their units through KCB’s network and corporate partners.

 

 

 

 

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About the author

Mr. Sina is the Managing Partner & Chief Editor of RwandaEye. After completing his post-graduation from the Faculty of Economics and Management, National University of Rwanda,he worked in various consulting capacities for equity and business firms in Kigali. A shrewd strategist, he is an Economic Pundit, entrepreneur and Investment Banker.

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