Sh12 billion joint venture to develop affordable and middle-income housing in AfricaThree-bedroom houses. Actis manages the largest real estate private equity fund focused on sub-Saharan Africa. “This joint venture builds on an ongoing and highly successful partnership between Actis and Shapoorji Pallonji in India where we have delivered thousands of high quality, aspirational homes at affordable prices. This venture marks the continuation of a journey for Shapoorji Pallonji Real Estate in the sub-Saharan African Region. Actis’ joint venture with Shapoorji Pallonji seeks to remedy this in partnership with our local stakeholders.”

Source: Standard Digital March 05, 2019 10:07 UTC