Housing Finance of Kenya Expects Construction Growth, Daily Says

Housing Finance Ltd. (HFCL), Kenya’s only publicly traded mortgage lender, expects its house construction and commission agency businesses to contribute as much as 40 percent of the company’s total revenue in the next five years, Business Daily reported, citing Managing Director Frank Ireri.

To contact the reporter on this story: Johnstone Ole Turana in Nairobi at jturana@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

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