Phatisa Agrees to Develop Izuba City with Kigali Batsinda Estate (Sub-Saharan Africa)

Source: Phatisa

Private equity fund manager Phatisa has entered into an agreement with Rwanda-based real estate developer Kigali Batsinda Estate to develop Izuba City, a 300-unit housing complex in Rwanda. The investment will be structured through the Pan African Housing Fund, a real estate fund managed by Phatisa. Financial details of the transaction were not disclosed.