Investors: Nairobi slowly taking Johannesburg's place as Sub Saharan Africa's first choice for HQs

Jay456watt

JF-Expert Member
Aug 23, 2016
10,363
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(CNN)-The mighty peaks of Kilimanjaro and Kenya are the highest points in Africa, towering over the East Coast nations.
The mountains will soon be sharing a skyline with a man-made behemoth named simply: "The Pinnacle."

Kenyan President Uhuru Kenyatta recently laid the foundation stone for what will be the tallest building in Africa in the Upper Hill neighborhood of Nairobi. Construction is underway at the development site, and slated for completion by December 2019.

The ambitious project will see twin glass-facade towers rise above the city, the larger standing at 300 meters tall, far surpassing the continent's current leader -- Johannesburg's 223-meter Carlton Centre.

As The Pinnacle, Africa's tallest skyscraper rises to meet its December 2019 completion date, international investors are slowly moving their headquarters to Nairobi.

"We're seeing global corporations that traditionally run Sub-Saharan Africa from Johannesburg putting regional headquarters into Nairobi...and that's a story I expect to hear more and more," he says. "An ambitious project like Pinnacle is ideal for maintaining that interest, and by the time the project comes to fruition Nairobi could be a very different place."

Hilton executives are also bullish, noting in a statement that the Upper Hill area is now home to offices of major international businesses and organizations including Cisco Systems and the World Bank.

Kenya's economy has performed steadily in recent years, with healthy GDP growth of 5.9% in 2016 according to the World Bank. A thriving property market has underpinned this growth, particularly in Nairobi. But there are indications of a slowdown that could affect a luxury development such as Pinnacle.
160824161311-carlton-center-exlarge-169.jpg


The 223-meter Carlton Center in Johannesburg, South Africa, will lose its place as the continent's tallest building.

 

Hoshea

JF-Expert Member
Jan 24, 2012
4,988
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Nairobi-6% slum area
Dar-92%
Facts zinakuwasha msee
Hi hii, aibu hadi unapika facts, worldly fact is that Nairobi has the largest slums in Africa and second largest in the world sijui 3rd, but number one in Africa, jina la slum kubwa ilochangia nairobi kushika nambari one ni kibera, na nasikia kuna zingine zinaifukuzia kibera, therefore kibera has to watch out and improve.
 

Iconoclastes

JF-Expert Member
May 26, 2014
4,104
2,000
Hi hii, aibu hadi unapika facts, worldly fact is that Nairobi has the largest slums in Africa and second largest in the world sijui 3rd, but number one in Africa, jina la slum kubwa ilochangia nairobi kushika nambari one ni kibera, na nasikia kuna zingine zinaifukuzia kibera, therefore kibera has to watch out and improve.

True, slums cover only 6% of Nairobi total area.

Nairobi – The Informal City Dialogues

Unaeza ata confirm kwa google maps


Satellite map of Nairobi
 

COLLOH-MZII RELOADED

JF-Expert Member
Apr 6, 2017
7,550
2,000
Hi hii, aibu hadi unapika facts, worldly fact is that Nairobi has the largest slums in Africa and second largest in the world sijui 3rd, but number one in Africa, jina la slum kubwa ilochangia nairobi kushika nambari one ni kibera, na nasikia kuna zingine zinaifukuzia kibera, therefore kibera has to watch out and improve.
LDC kulialia tu
 

Eyce

JF-Expert Member
Mar 16, 2016
3,213
2,000
Nairobi-6% slum area
Dar-92%
Facts zinakuwasha msee
Kama 92 ya dar ( 92 ya dar ni zaidi ya Nairobi nzima) ni slum bhasi dar ingekuwa na largest slum in the world ... Sasa mbona dar haina Hiyo fame kuliko Nairobi ????...

Can you explain more bout this
 

Hoshea

JF-Expert Member
Jan 24, 2012
4,988
2,000
Kama 92 ya dar ( 92 ya dar ni zaidi ya Nairobi nzima) ni slum bhasi dar ingekuwa na largest slum in the world ... Sasa mbona dar haina Hiyo fame kuliko Nairobi ????...

Can you explain more bout this
Achana na uyo, alafu nashangaa Nairobi ndogo kuliko dsm na ina watu wachache kuliko dsm na kuna largest slum, jiji lina inequality moja kubwa sana
 

Metsada

JF-Expert Member
Mar 19, 2013
1,456
2,000
(CNN)-The mighty peaks of Kilimanjaro and Kenya are the highest points in Africa, towering over the East Coast nations.
The mountains will soon be sharing a skyline with a man-made behemoth named simply: "The Pinnacle."
Kenyan President Uhuru Kenyatta recently laid the foundation stone for what will be the tallest building in Africa in the Upper Hill neighborhood of Nairobi. Construction is underway at the development site, and slated for completion by December 2019.
The ambitious project will see twin glass-facade towers rise above the city, the larger standing at 300 meters tall, far surpassing the continent's current leader -- Johannesburg's 223-meter Carlton Centre.
As The Pinnacle, Africa's tallest skyscraper rises to meet its December 2019 completion date, international investors are slowly moving their headquarters to Nairobi. "We're seeing global corporations that traditionally run Sub-Saharan Africa from Johannesburg putting regional headquarters into Nairobi...and that's a story I expect to hear more and more," he says. "An ambitious project like Pinnacle is ideal for maintaining that interest, and by the time the project comes to fruition Nairobi could be a very different place."
Hilton executives are also bullish, noting in a statement that the Upper Hill area is now home to offices of major international businesses and organizations including Cisco Systems and the World Bank.
Kenya's economy has performed steadily in recent years, with healthy GDP growth of 5.9% in 2016 according to the World Bank. A thriving property market has underpinned this growth, particularly in Nairobi. But there are indications of a slowdown that could affect a luxury development such as Pinnacle.
160824161311-carlton-center-exlarge-169.jpg


The 223-meter Carlton Center in Johannesburg, South Africa, will lose its place as the continent's tallest building.
Sawa. so what?
 

MK254

JF-Expert Member
May 11, 2013
21,065
2,000
Hv haiwezekan mada kujadiliwa bila Dar vs Nai...hii topic inahusiana nn na Dar Au Lagos? Smh

Nyie ndio huwa na matatizo ya kiana, kuna uzi mwengine umeanzishwa wa kuhusu maendeleo Kenya, Wabongo wenyewe kwa wenyewe wakaishia kutukanana humo hadi wakachezea ban. Mnaishi kimajungu majungu...
 

Iconoclastes

JF-Expert Member
May 26, 2014
4,104
2,000
Nyie ndio huwa na matatizo ya kiana, kuna uzi mwengine umeanzishwa wa kuhusu maendeleo Kenya, Wabongo wenyewe kwa wenyewe wakaishia kutukanana humo hadi wakachezea ban. Mnaishi kimajungu majungu...

Nilidhani hio theead by now imefika more than 2 pages. Kumbe hizo komments zingine zote zimetolewa na watu kulishwa ban!
 

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