Acorn Holdings secures $180m from DFC for Africa's largest affordable student housing deal in Kenya.
Acorn Holdings Limited secures a $180m (KES 23.6bn) financing deal with the US Development Finance Corporation (DFC) for affordable student housing in Kenya. The financing will develop 35 new affordable student housing units, adding 48,000 beds to Acorn's portfolio and creating over 50,000 direct and indirect jobs. The deal, witnessed by President William Ruto, makes it Africa's largest affordable student housing deal.
May 24, 2024
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