Nairobi property sixth most expensive in Africa

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Affordable housing project in Pangani, Nairobi on October 8, 2023. PHOTO | EVANS HABIL | NMG

Nairobi is the sixth most expensive city for the super-rich in Africa to buy property with prime apartments going for $1,200 (Sh177,360) per square metre, according to a new report.

The Centi-Millionaire Report 2023 produced by Henley & Partners in partnership with New World Wealth shows as of June 2023, there were only 28,420 centi-millionaires in the world, more than double the number 20 years ago, an increase of 12 percent compared to last year.

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Note: The results are not exact but very close to the actual.