₦airaland Forum

Kenya is receiving rich elites from all over Africa looking for good healthcare 🇰🇪 💪

This Plus paying debt

+254 Nairobi city

GeneralDae:
Kenyans what would you guys do about the passport bros flooding your country including J Rello? 🤣🤣

Our women are loose and it's their choice since they're not children

rvp2018:
AHP - Thika.

Seems like there's two projects in Thika town... min 11:00 and 14:00


https://www.youtube.com/watch?v=NZW98WWTKus?si=bANKZoFX-he8f0rB

GeneralDae:
You have to wait until the end of 2025 or the release of the next IMF report.

IMF normally releases its "World Economic Outlook" report in April and October each year.

GeneralDae:
Kenya is borrowing again via Eurobonds to pay off maturing Eurobond but borrowing at very high rate (9.9%).

The fruits of Uhuruto government 2014+2022 + 2022...todate

Nairobi's skyline always transforming

rvp2018:
Kibera slum is transforming - and this 1st year of Ruto affordable housing program.


https://www.youtube.com/watch?v=FBLQxg4rdOQ

I didn't know it was such a big project...I've been seeing pics of 4 blocks

rvp20182:
Great. Housing shouldn't left to informal sector. Gov, pension, life insurance n large housing investor should build houses that are cheap enough to bought through mortgage in Africa like rest of the world

Seems like it's a having a negative effect on private sector

And which one from Africa has higher illegal immigrants in the US

rvp2018:
Kenya economic turnaround nearly complete.
- Inflation at 2.7 percent - lowest in 17yrs!
- Forex reserves now at 4.6 months
- KES stabilized at 130.
- Economy expected to grow at modest 5 percent
- Gov Revenues grew 25% almost last month - last year revenues grew 11.5%
- Interest rate in treasury bills and bonds dropping
- Base rate likely to go single digit - now at 12%.

Ruto administration has pulled a very quicky recovery and by April IMF will exit - and the economy will be back to firing on all cylinders.

April IMF will exit

Sometimes Nigeria makes Ruto look like an amateur in corruption dealings

Ethiopia's GDP declined from $145b in 2024 to $120B in 2025....while Nigeria from $199b to $194B.
according to IMF latest updates

Kenya Tops East Africa in Diaspora Remittances with $4.8 Billion as per the new report of 2024.
—Kenya: $4.8 billion
—Somalia: $1.7 billion
—Uganda: $1.5 billion
—South Sudan: $1.1 billion
—Tanzania: $757 million
—Rwanda: $537 million
—Burundi: $48 million

- BUSINESS DAILY

Just30:
Lunatic

unfortunately you're not known for highly skilled labour.
The only jobs your people are getting known for are maid and servants jobs.

Even Togolese labour is better than yours.
The likes of kpmg and other accounting firms prefer associates from Philippines, Ghana and Nigeria.

Major engineering firms prefer Russian, Ukrainian, China philiphinoes, Ghanaians, Nigerians,Sierra Leoneans, Ivorians, Togolese,

Looking at from a different topic... why are there so many multinationals in Kenya

rvp2018:
They are sending unschooled refugees....you can excuse war torn country. Kenya has high quality education.

Like this one at minute 3:50


https://www.youtube.com/watch?v=jJRQpBz0NhY?si=C4zKwvgLZdjWLjg7

Back to same old arguments of 2017,....been watching allot of projects acrross Africa, those in progress and completed, watched allot of aerial and ground views of cities ...as much theres many challenges in Kenya, but I think there's no country in West Africa that is better than Kenya in whatever way

Wuoche:
There are a lot of Highrise going on in Nairobi that we can’t mention here.

As we talk another project consisting of 11 towers of 32 floors each was approved. Give it 2 yrs they will top out.

SOME MORE OF THEM
....(copy pasted from FB)

Gemland Residence | 20fl| Westlands | U/C

Luckinn ivy Residence | 24fl | Westlands |Site Prep

ASDA TOWER | 25 Flrs | Parklands | u/c

Naicom 2 Palace |23 flrs| California,Eastleigh

City Rise Residences | 25fl | Mogotio Road,Westlands |u/c

Capella | 26FLRS | Westlands | U/C

Marina Bay 30flrs Westlands

Sunset Paradise | 23flrs | Westlands u/c

Gemland Residence, 21fls Ring Road Westlands,opposite Pauline’s BookShop U/C

Bliss Court | 21flrs | Kilimani | U/C

Misty Springs | 23flrs | Westlands | u/c |

Tanzania tower | 22flrs×2 | Upperhill | ...

DG West Westlands | 25Fls | Proposed

Citi rise apartments | Westlands | 24 fls | U\C

Clermont |20flr |Westlands |

Nyla Residence | Parklands, 5th Avenue | 25fl ​

Stima Heights | 21Flrs | U/C

Ajmal Pavilion | 22flrs | Parklands | Site Prep

Le mirage | 30flrs | Westlands | u/c

GAIA BROOKSIDE FOREST APARTMENTS | Westlands | Brookside Drive | 18 fl X 3 |

AfriqueDuZuid12:
i see that all over Nairobi, Rosebank in SA has same amount

I know SA has many projects too but majority of them are not highrise just like many other places in Africa...that's why I said Nairobi is going the Asian way

GeneralDae:
I so much agree with this.

Kenyas population was approx 50m as of 2022 ...registered voters were 22m.

Nigeria's registered voters are 93m... if the percentage is almost the same as Kenya's, then Nigeria's population should be above 200m

vaxx:
🏦🏙 The bank square is the new, tallest building in Ghana 🇬🇭.

The Bank of Ghana (BoG) officially commissioned its state-of-the-art headquarters called the Bank square. The edifice is 100 metres tall with a
24 Storey Tower Block, 8 Storey Urban Block, 6 Storey amenities block, three (3) level basement car parking areas, ancillary facilities. The facility can accommodate over 2,500 staff. It has public banking halls, a currency museum, conference rooms, and a rooftop auditorium with a seating capacity of 1,500. It has solar powered edifice with eco-friendly materials, making it a benchmark in sustainable construction.

Note 📝: The Alto apartment, which forms the part of Villagio Vista buildings enclave, used to be the tallest building in Ghana with 95 meters of high and 27 floors.

Yes the difference noticeable...
I've been watching what is happening in different countries concerning real estate... I think Ghana is doing great in that part of Africa, the estate roads quality is good too something that we're going backwards about in Kenya



https://www.youtube.com/watch?v=ljBRVW_82os?si=s1sWzFXI5jwzXYuK

Obiano13:
Kasongo will never have his way. We are not his slaves buana! Opiyo didnt get the memo in the morning

Was telling someone Ruto makes all decisions without consulting anyone, he even advises his adviser instead of the other way around

Obiano13:
HAHAHAHA !!!

Ruto has been forced to cancel ALL Adani DEALS IN KENYA LIVE on TV

Maybe he has been forced by he's masters in the West so that he can give the contract to them ...

Obiano13:
Ofcourse after pocketing massive bribes Ruto has no option but to try to push it through. I expect Adani's assets/accounts to be frozen by the US in due course. The guy will be broke and unable to invest. The Adani group atm has USD 30B debt which it won't be able to refinance with this USA case. Their shares plummeted 20% today. The main reason they wanted the Kenyan airport so badly was to access loans. As it stands the power deal is stopped. Only JurisPESA will save it in light of mitigating circumstances. Madam hotair herself is likely to be ejected soon.

"Pending the inter partes hearing and determination of the application, a conservatory order be and is hereby issued restraining the respondents from entering into any new agreement furthering any existing agreement concerning the second respondent and or any of its related companies and entities with regards to development of transmission lines, substations or any other electrical power infrastructure."

Zakayo giving up 😂 ...this guy is so cunning

Unless Adani himself decides to pull out nothing will stop him, that's the government some Kenyans ignorantly elected

AkoniMoipei:
The Wandering Investor who specializes in the international real estate market has just bought three apartments in Nairobi. This guy is literally an SI Unit of real estate investment. If you seem him investing in your market its a sure bet. You'd think such smart guys would start avoiding Kenya after Kenyans roundly rejected the IMF bill but apparently they see more potential here than elsewhere. These guys were in West Africa and Southern Africa but did not invest in any real estate there finding the markets less attractive and depressed. Ladislas correctly deduces that the Kenyan market tends to be more resilient and lucrative because investments to Kenya basically come from all over the world, from other African countries, the West, the East, Global North and South - and Kenya never relies on single industries such as oil or agriculture or tourism.


https://www.youtube.com/watch?v=24EAr0oYEkk&t=404s

Hot on the heels of this: Malaysian investors also committed themselves to helping Kenya enter the lucrative semi-conductor manufacturing industry at Konza City just a day ago. On the global stage, Malaysia is recognised as the sixth largest exporter of semiconductors, commanding 13% of the global market for semiconductor packaging, assembly and testing while driving 40% of the nation's export output.


https://www.youtube.com/watch?v=3Ls8RnvgwFA

I think Kenya esp Nairobi to specific is the only place that will look like Asian cities, you'll rarely find the kind of highrise apartments coming up in Nairobi anywhere else in Africa ... but it the only problem is corruption in Kenya for instance what does "see how we can work around it" in min26.00 mean... do these guys pay taxes really ?

Nowadays a building of 20-25flrs is just a common thing in Nairobi....I just copied this list of upcoming buildings from skyscrapercity.com

1870 West | Westlands | 37 fl x 2 | T/O

Gemini | Westlands | Matundu Lane | 28 fl | U\C

Aya Residences | 28 fl | Kileleshwa | Site Prep

Oak West Residence | Westlands | 27fl | U/C

Montbleu | Westlands | 31fl | Site Prep

Altura Tower | Upper Hill | 33 fl | 110 M | T/O

Emerald Springs | Westlands | 30 fl x 2 | U/C

Capella Residences | Westlands | 27 fl x 2 | Site Prep

Grosvenor Residences | Westlands | 30 fl x 2 | Site Prep

WESTLAND TOWER | WESTLANDS | 30Fl

Marble West | Westlands | 31 fl | Site Prep

Clermont Residence | 25 Fl | Westlands | School lane | U/C

AkoniMoipei:
Ok, I'll give it another try.

Nigeria's inflation rate is high due to a number of factors:
Currency depreciation: The naira has depreciated, which has contributed to inflation.
Fuel prices: Higher gasoline prices have contributed to inflation.
Transportation costs: Transportation costs have increased, which has contributed to inflation.
Food prices: Food prices have increased, which has contributed to inflation. Food inflation accounts for a large portion of Nigeria's inflation.
Reforms: Reforms by the government, such as cutting subsidies for electricity and petrol, have contributed to inflation.


But why the huge difference yet both countries are in the mid of structural adjustments. Kenya's inflation this month is at 2.7 %, just a month after the opposition joined to save govt, which was teetering on the cusp of the abyss. Biggest blame is the naira.

This is confusing...so inflation is not supposed to be that low or what does this economist trying to insinuate


https://www.youtube.com/watch?v=hdgsSAeLbz0?si=ebHmt-QsyJDQS7iJ

AskiaHarem:
Literally nothing happened outside of currency revaluation. I don’t think you understand how Nigeria newly started working its restructuring and rebasing calculations. Which is why those numbers haven’t negatively affected anything on ground in any meaningful way. Nigeria’s literally in the same operating condition & position it was a couple years ago when its gdp was 500+ Billion and per capita.

Worry about Ruto & Xo Jinping

Of course the roads and buildings are still there....but I'm sure the cost of living has gone higher and life became harder

Wuoche:
Nigerian Economy is collapsing before our eyes, what happened?

It's GDP per Capita stands at $877 and GDP of $199b
....but also Kenya's GDP growth is projected to stagnate at $116b upto 2026, its set to be overtaken by Angola

Obaaderemi2:
Shebi we told rvp2008 then that Ruto would be a bad president.

I came to realise many Kenyans here with all the stories and grammar they type are very ignorant and tribal-minded ...