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As the largest and most dynamic city economy in East Africa, Nairobi is the economic powerhouse of the region. Kenya is the fifth biggest economy in Africa in terms of GDP and attracted the continent’s second highest number of FDI projects in 2014, behind South Africa. Investors are increasingly targeting Nairobi as a springboard to penetrate East African consumer markets. The city is also emerging as a TMT hub with its large, skilled and youthful population.
Kenya is among the most developed and stable economies in East and Central Africa, which has spurred an increased investment focus, in particular on Nairobi, that has resulted in a healthy and growing property market and housing finance sector.
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04 March 2015