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July 20, 2026
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Kenya showcases Affordable Housing financing model at UN urban development forum

Kenya showcases Affordable Housing financing model at UN urban development forum

Kenya has showcased its efforts to finance sustainable urban development at a high-level United Nations meeting, highlighting progress made under the Affordable Housing Act, 2024...

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Kenya has presented its innovative financing model for sustainable urban development at a United Nations meeting, highlighting advancements made under the Affordable Housing Act, 2024.

  • The nation emphasized the need for greater investment through stronger partnerships and innovative financing mechanisms to accelerate sustainable urban infrastructure development.
  • Kenya’s Permanent Representative to UN-Habitat, Amb. Susan Nakhumicha, was a key speaker at the High-Level Meeting on the Midterm Review of the New Urban Agenda in New York.
  • The presentation focused on unlocking financing for sustainable urbanization at scale through collaboration among governments, the private sector, and development partners.

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Part of the Day's Coverage

Government allocates Sh17b to compensate landowners for infrastructure projects - July 2026

The Kenyan government has allocated Sh17 billion to compensate landowners for infrastructure projects under the National Securitisation Programme, aiming to unlock funding for crucial development projects across the country. Kenya has presented its innovative financing model for sustainable urban development at a United Nations meeting, highlighting advancements made under the Affordable Housing Act, 2024. Principal Secretary for East African Community Affairs Caroline W. Karugu has announced a government strategy to transform border regions into hubs for cross-border trade and regional integration.

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