Bank of Africa acquires Sh1.5bn office block in Westlands for relocation

Bank of Africa (BoA) has bought a building in Westlands for Sh1.5 billion, with the lender set to relocate its headquarters from Nairobi’s central business district to the new office bloc on Karuna Close.

The mid-sized bank, which has 530 employees, will move its 210 head office staff currently operating from Reinsurance Plaza and International Life House to the new building.