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Tag Archives: CITIC

IFC Partners with CITIC Construction to Develop Affordable Housing in Sub-Saharan Africa

affordable housing in Sub-Saharan Africa

IFC, a member of the World Bank Group, and Chinese multinational construction and engineering company, CITIC Construction Co., Ltd  on May 29 launched a $300 million investment platform, CITICC (Africa) Holding Limited, to develop affordable housing in Sub-Saharan Africa. The platform will partner with local housing developers and provide long-term capital to develop 30,000 homes over next five years. IFC ...

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