The strength of Kenya’s housing finance ecosystem—and by extension the broader Kenya property market—was reaffirmed after the Kenya Mortgage Refinance Company (KMRC) successfully raised KSh 3.0 billion through its second sustainability bond. Investor appetite was notably strong, with total bids reaching KSh 9.38 billion, translating to a 312.8% oversubscription. This marks KMRC’s return to the...