The Pan-African Housing Fund (PAHF) is about to close its first deal for Nairobi, kick-starting a journey that will see it invest up to $24 million (Sh2.08 billion) in Kenya. Kenya is one of the six geographies in East Africa that the private equity fund for housing will be serving, besides Uganda, Tanzania and Rwanda among others. “We are busy concluding negotiations for our first deal in Nairobi and hope to agree final terms before the end of January 2013,” Eton Price, Fund Partner for PAHF at Phatisa – the fund manager – told The Star ...
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