EADB launches housing loan initiative.

Position:FOCUS ON EAST AFRICA - Brief article
 
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The East African Development Bank (EADB) is planning to establish the first wholesale mortgage institution to help meet a current housing shortfall of 3.8m units in the region's five countries, according to the bank's director general, Godfrey Tumusiime. The new mortgage institution, the East African Housing Finance Corporation will be a private-public sector partnership initiative designed to establish a fund that, in turn, will provide finance to...

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