Nairobi real estate developers 2026

Diaspora remittances in Nairobi real estate

The Diaspora Effect: How Remittances Fuel Real Estate Development in Nairobi

When Kenyans abroad send money home, they don’t just support families — they shape skylines. In fact, diaspora remittances are the single largest driver of housing demand in Nairobi, fueling everything from luxury apartments to gated estates. According to the Central Bank of Kenya, diaspora inflows reached USD 4.2 billion in 2024, with over 60% of that money directly or indirectly entering the real...

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