Absa Bank Kenya has committed Sh4 billion to boost affordable housing, increasing its investment to support homeownership for low- and middle-income earners. This expanded funding aims to address Kenya’s significant housing deficit of over 2 million units.

• Most important fact or figure from the article: Absa Bank Kenya has allocated Sh4 billion for affordable housing, an increase from a previous KES 3 billion partnership.
• Key person or organization involved: Absa Bank’s Commercial Property Finance East Africa Director, Zaharaa Khanbhai.
• Notable detail that adds context: Demand for housing in Kenya is growing by over 200,000 units annually, driven by rapid urbanization and population growth.