The United Nations is shifting gears, relocating key operations from New York to Nairobi!
With UNFPA moving 25% of its staff, this surprise comes with a powerful message.
Curious about why this matters and how it impacts investments in Africa?
Let’s dive into the reasons behind this game-changing move!
Think about it this way:
Nairobi is ‘cheaper’ than New York or Geneva
The UN’s recent calculations revealed that Nairobi tops the list for employee costs. Factors like lower living expenses, affordable rent, and proximity to key projects make it an attractive choice. In today’s global climate of budget cuts, the winners are locations that deliver exceptional value for money!
Quality of life
While some staff may not be thrilled about their relocation at first, Nairobi is known for being a highly livable city. In fact, many former UN staff have chosen to stay and work in Nairobi after their time with the organization. It’s no surprise that those relocating are likely to enjoy their time in this vibrant, green city!
Increased regional attractiveness
Nairobi is set to shine even brighter among its African peers! Already home to thousands of expats, the city will welcome hundreds of highly paid staff, enhancing its reputation as a prime destination. This influx will not only attract more expats but also create increased opportunities for locals to thrive.
African cities are becoming increasingly attractive to global firms, and the trend shows no signs of slowing down. From an investment perspective, the reasons to consider Nairobi and its surroundings are growing stronger every day!
✅ Every UN employee moving to Kenya carries a ‘price tag’
✅ Any investment that you would have made in Kenya be it coffee shop, concierge service, real estate all of the sudden jumps up
✅ Every UN employee moving to Kenya carries a ‘price tag’
As much as Kenya is celebrating about the UNs decision, you should too.
The UNs move taught me one valuable lesson.
We are onto something here on the continent.
Don’t miss out and let’s talk investments that will increase your income.
It is never too late!
P.S.: Let me know if you want to deep dive into investing in Africa. Simply drop me an email and we can chat.
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