The Kenya Property Developers Association (KPDA) and the Kenya National Chamber of Commerce and Industry (KNCCI) have partnered to address affordable housing and sustainable urban development by exploring new financing models.

• Kenya requires 200,000 new housing units annually, but only 50,000 are built, leading to a deficit of 150,000 units per year.
• The partnership aims to streamline approval processes and advocate for consistent policies, with KPDA Chairman Ken Luusa stating a move towards coordinated advocacy.
• KNCCI President Eric Rutto highlighted that 22 percent of Kenyans live in cities, and the urban population is growing at a rate of 4.2 percent annually.