CADfund is not new to Kenya and has already made contact with Kenyan housing developer Suraya to develop housing projects in the country. As a panellist, he had a chance to showcase Kenya’s adoption of innovative financing on large infrastructure projects. An Africa-focused equity investment fund launched by the Chinese government, the nine-year-old CADfund supports Chinese firms investing in Africa and seeks Chinese partners for African projects. During the deliberations, CADfund committed to invest in a number of housing projects and provide capital for the same. Updated Fri, June 10th 2016 at 00:00 GMT +3A Chinese firm will fund State projects aiming to bridge the current shortfall of 200,000 housing units.

Source: Standard Digital June 09, 2016 21:00 UTC