NAIROBI, Kenya, June 13 – International Housing Solutions (IHS) Group has delivered 200 green affordable housing units in Kenya and is targeting the construction of 3,000 homes across Africa by 2030 as it scales up investment in sustainable housing developments.
The firm said a further 464 housing units are currently under construction in Kenya and are expected to be completed in 2026 and 2027, while more than 2,300 additional units are in the development pipeline.
The announcement was made during the second Annual International Housing Solutions Kenya Affordable Housing Conference held in Nairobi, bringing together developers, financiers, policymakers and investors to discuss ways of accelerating affordable housing delivery across the region.
IHS Kenya Managing Director Kioi Wambaa said affordable housing developments play a crucial role in improving livelihoods, building resilient communities and supporting economic growth.
“The delivery of green affordable housing is not simply about constructing buildings; it is about creating opportunities, strengthening communities and improving quality of life for thousands of families,” Wambaa said.
Kenya continues to face a significant housing shortage, with the deficit estimated at more than two million units. Annual demand is estimated at between 200,000 and 250,000 units, compared to a supply of fewer than 50,000 units.
IHS said its projects are designed to serve low- and middle-income households while incorporating climate-resilient features and sustainable building standards.
The developments are certified under the International Finance Corporation’s EDGE green building standards, which enable reductions in energy, water and material consumption, lowering utility costs for residents while attracting impact-focused investors.
The company is also integrating artificial intelligence and digital technologies into housing development and management to improve design efficiency, predictive maintenance and operational performance.
Absa Bank Kenya, which sponsored the conference, emphasized the importance of innovative financing in bridging the housing gap.
Absa Bank Kenya Managing Executive for Corporate and Investment Banking James Agin said sustainable financing solutions and partnerships would be critical in expanding access to affordable housing.
“Through collaboration across the public and private sectors, we can accelerate housing development and create inclusive communities that contribute to Kenya’s long-term economic growth,” Agin said.
IHS Group Managing Director Rob Wesselo said stronger partnerships between governments, developers, investors and financial institutions would be essential in mobilizing the capital and policy support needed to scale affordable housing delivery across the continent.
He noted that the firm’s experience in Kenya and other African markets demonstrates that affordable housing can be both environmentally sustainable and commercially viable.
