World Bank's IFC signs deal to boost supply of affordable houses in Kenya

NAIROBI, Dec. 20 (Xinhua) -- The World Bank's private sector lending arm, the International Finance Corporation (IFC), on Wednesday signed an equity investment agreement worth 20.9 million U.S. dollars with the International Housing Solutions (IHS) Kenya, a private equity fund manager, to boost the supply of affordable houses in Kenya.

Henrik Elschner Pedersen, IFC's regional industry director in Africa for manu