Editing Nairobi (section)

==Economy==
{{See also|List of companies and organizations based in Nairobi}}
[[File:Nairobi economic capital of africa.jpg|thumb|left|Nairobi is a major financial capital of Africa, and one of the most modern cities in Africa.]]
Nairobi is home to the [[Nairobi Securities Exchange]] (NSE), one of Africa's largest [[stock exchange]]s. The NSE was officially recognised as an overseas stock exchange by the [[London Stock Exchange]] in 1953. The exchange is Africa's fourth largest in terms of trading volumes, and fifth largest in terms of Market Capitalization as a percentage of GDP.<ref>{{cite web |last=Millennium IT |title=Live Trading commences at Nairobi Securities Exchange |publisher=millenniumit.com |url=http://www.millenniumit.com/esp/news_7.php |access-date=28 June 2007 |url-status=dead |archive-url=https://web.archive.org/web/20061103152926/http://www.millenniumit.com/esp/news_7.php |archive-date=3 November 2006 }}</ref>

Nairobi is the regional headquarters of several international companies and organisations. In 2007, [[General Electric]], [[Young & Rubicam]], [[Google]], [[The Coca-Cola Company|Coca-Cola]], [[IBM|IBM Services]], and [[Cisco Systems]] relocated their African headquarters to the city.<ref>{{cite web |title=General Electric moves Africa's hub to Nairobi |publisher=bdafrica.com |url=http://www.bdafrica.com/index.php?option=com_content&task=view&id=1291&Itemid=4744 |access-date=18 June 2007 |url-status=dead |archive-url=https://web.archive.org/web/20070928151239/http://www.bdafrica.com/index.php?option=com_content&task=view&id=1291&Itemid=4744 |archive-date=28 September 2007 }}</ref><ref>{{cite web |last=Press Media Wire |title=Cisco Inaugurates East African Headquarters in Nairobi |publisher=pressmediawire.com |url=http://www.pressmediawire.com/article.cfm?articleID=4153 |access-date=20 July 2008 |url-status=dead |archive-url=https://web.archive.org/web/20090111164429/http://www.pressmediawire.com/article.cfm?articleID=4153 |archive-date=11 January 2009 }}</ref> The [[United Nations Office at Nairobi]] hosts [[United Nations Environment Programme|UN Environment]] and [[United Nations Human Settlements Programme|UN-Habitat]] headquarters.

Several of Africa's largest companies are headquartered in Nairobi. [[Safaricom]], the largest company in Kenya by assets and profitability is headquartered in Nairobi, KenGen, which is the largest African stock outside [[South Africa]],<ref>{{cite web |title=KenGen Heads Index of Africa's Top 40 Stocks |publisher=nationmedia.com |url=http://www.nationmedia.com/dailynation/nmgcontententry.asp?category_id=3&newsid=82743 |access-date=15 October 2006 |url-status=dead |archive-url=https://web.archive.org/web/20070930015707/http://www.nationmedia.com/dailynation/nmgcontententry.asp?category_id=3&newsid=82743 |archive-date=30 September 2007 }}</ref> is based in the city. [[Kenya Airways]], Africa's fourth largest airline, uses Nairobi's [[Jomo Kenyatta International Airport]] as a hub.

Nairobi has not been left behind by the FinTech phenomenon that has taken over worldwide. It has produced a couple of tech firms like Craft Silicon,<ref>{{cite web |title=Craft Silicon Ltd.: Private Company Information – Bloomberg |publisher=bloomberg.com |url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=117347963 |access-date=15 October 2016 |archive-date=26 October 2018 |archive-url=https://web.archive.org/web/20181026070044/https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=117347963 |url-status=live }}</ref> Kangai Technologies,<ref>{{cite web |title=KANGAI technologies (Nairobi, Kenya) |publisher=businesslist.co.ke |url=https://www.businesslist.co.ke/company/144443/kangai-technologies |access-date=31 May 2017 |archive-date=25 October 2018 |archive-url=https://web.archive.org/web/20181025225553/https://www.businesslist.co.ke/company/144443/kangai-technologies |url-status=live }}</ref> Jambo Pay<ref>{{cite web |title=The 31 Year-Old Entrepreneur Who Is Challenging PayPal in Kenya |work=forbes.com |url=https://www.forbes.com/sites/mfonobongnsehe/2015/04/14/the-31-year-old-entrepreneur-who-is-challenging-paypal-in-kenya/#38643f6c4dc2 |access-date=14 April 2015 |archive-date=17 April 2015 |archive-url=https://web.archive.org/web/20150417023327/http://www.forbes.com/sites/mfonobongnsehe/2015/04/14/the-31-year-old-entrepreneur-who-is-challenging-paypal-in-kenya/#38643f6c4dc2 |url-status=live }}</ref>  and [https://www.hostraha.co.ke Hostraha Limited] {{Webarchive|url=https://web.archive.org/web/20221116112248/https://www.hostraha.co.ke/ |date=16 November 2022 }}.<ref>{{Cite web |title=Web Hosting, Domain Registration, Reseller Hosting & VPS Hosting |url=https://www.hostraha.com/ |access-date=2024-01-18 |language=en-US |archive-date=19 November 2023 |archive-url=https://web.archive.org/web/20231119215603/https://hostraha.com/ |url-status=live }}</ref> which have been in the forefront of technology,<ref>{{cite web|title=SaccoTek – Your Personal Sacco Manager |publisher=saccotek.co.ke |url=https://www.startupranking.com/saccotek |access-date=31 May 2018 |archive-url=https://web.archive.org/web/20170707102141/http://www.startupranking.com/saccotek|url-status=dead |archive-date=2017-07-07}}</ref> innovation and cloud based computing services. Their products are widely used and have considerable market share presence within Kenya and outside its borders.<ref>{{cite web |title=Craft Silicon revenue hits Sh5bn on pay platform use – Business Daily |publisher=businessdailyafrica.com |url=https://www.businessdailyafrica.com/corporate/539550-3950398-7jd8wiz/index.html |access-date=31 May 2017 |archive-date=31 May 2017 |archive-url=https://web.archive.org/web/20170531220718/http://www.businessdailyafrica.com/corporate/539550-3950398-7jd8wiz/index.html |url-status=live }}</ref>

Goods manufactured in Nairobi include clothing, textiles, building materials, [[processed food]]s, beverages, and cigarettes.<ref>{{cite web|title=Nairobi, Kenya - Image of the Week - Earth Watching|url=https://earth.esa.int/web/earth-watching/image-of-the-week/content/-/article/nairobi-kenya|website=earth.esa.int|access-date=2020-05-24|archive-date=4 July 2022|archive-url=https://web.archive.org/web/20220704005458/https://earth.esa.int/web/earth-watching/image-of-the-week/content/-/article/nairobi-kenya/|url-status=live}}</ref><ref>{{cite web|title=Kenya, Nairobi Cost of Living April 2010|url=https://internationalcostofliving.com/2010/06/15/kenya-nairobi-cost-of-living-april-2010/|last=Xpatulator|date=2010-06-15|website=Expatriate International Cost of Living|language=en|access-date=2020-05-25|archive-date=6 August 2020|archive-url=https://web.archive.org/web/20200806063526/https://internationalcostofliving.com/2010/06/15/kenya-nairobi-cost-of-living-april-2010/|url-status=live}}</ref> Several foreign companies have factories based in and around the city. These include [[Goodyear Tire and Rubber Company]], [[General Motors]], [[Toyota]], and [[The Coca-Cola Company]].{{Citation needed|date=November 2008}}

Nairobi has a large [[tourist industry]], being both a tourist destination and a transport hub.<ref>{{cite web|date=2017-05-21|title=Kenya tackles multi-modal upgrades to remain East Africa's transit hub|url=https://oxfordbusinessgroup.com/overview/along-ride-multi-modal-upgrades-are-works-maintain-country%E2%80%99s-position-east-africa%E2%80%99s-transit-hub|access-date=2021-04-26|website=Oxford Business Group|language=en|archive-date=26 April 2021|archive-url=https://web.archive.org/web/20210426081314/https://oxfordbusinessgroup.com/overview/along-ride-multi-modal-upgrades-are-works-maintain-country%E2%80%99s-position-east-africa%E2%80%99s-transit-hub|url-status=dead}}</ref>

===Central business district===
Nairobi has grown around its [[central business district]]. This takes a pentagonal shape, around the Uhuru Highway, Haile Selassie Avenue, Moi Avenue, and University Way. It features many of Nairobi's important buildings, including the City Hall and Parliament Building. The city square is also located within the perimeter.

Most of the skyscrapers in this region are the headquarters of businesses and corporations, such as I&M and the [[Kenyatta International Conference Centre]]. The [[1998 United States embassy bombings|United States Embassy bombing]] took place in this district, prompting the building of a new embassy building in the suburbs.

In 2011, the city was considered to have about 4 million residents. A large beautification project took place in the Central Business District, as the city prepared to host the 2006 Afri-Cities summit. Iconic buildings such as the [[Kenyatta International Conference Centre]] had their exteriors cleaned and repainted.<ref>{{cite web |last=Nairobi City Council |title=The Beautification of Nairobi City Project |publisher=nairobicity.org |url=http://www.nairobicity.org/projects/projects_full_story.asp?search=beautif |access-date=28 June 2007 |url-status=dead |archive-url=https://web.archive.org/web/20070127180059/http://www.nairobicity.org/projects/projects_full_story.asp?search=beautif |archive-date=27 January 2007 }}</ref>

Nairobi downtown area or central business district is bordered to the southwest by [[Uhuru Park]] and Central Park. The [[Mombasa]] to [[Kampala]] railway runs to the southeast of the district.

===Upper Hill===
{{main|Upper Hill, Nairobi}}
[[File:Section of Upper Hill in 2018.jpg|thumb|left|Prism Tower in Upper Hill]]
Two areas outside the Central Business District that are seeing growth in companies and office space are [[Upper Hill, Nairobi|Upper Hill]], which is located, approximately {{convert|4|km|mi|abbr=on}} from the Central Business District and [[Westlands, Nairobi|Westlands]], about the same distance from the city centre.

Companies that have moved from the Central Business District to Upper Hill include [[Citibank]], and in 2007 [[The Coca-Cola Company|Coca-Cola]] began construction of their [[East Africa|East]] and Central African headquarters in Upper Hill,<ref>{{cite web |last=Kenya Broadcasting Corporation |title=Vice president Moody Awori urges investors to market the country |publisher=kbc.co.ke |url=http://www.kbc.co.ke/story.asp?ID=43359 |access-date=28 June 2007 |archive-url=https://web.archive.org/web/20070626195053/http://www.kbc.co.ke/story.asp?ID=43359 <!-- Bot retrieved archive --> |archive-date=26 June 2007}}</ref> cementing the district as the preferred location for office space in Nairobi. The largest office development in this area is [[UAP Tower]], completed in 2015 and officially opened for business on 4 July 2016.<ref>{{cite web|url=https://www.businessdailyafrica.com/markets/Kenyas-tallest-building-rises-above-office-pace-glut/539552-3279514-nuf1b1z/index.html|title=Kenya's highest building opens for business|website=Business Daily|access-date=2019-03-16|archive-date=25 July 2017|archive-url=https://web.archive.org/web/20170725004624/http://www.businessdailyafrica.com/markets/Kenyas-tallest-building-rises-above-office-pace-glut/539552-3279514-nuf1b1z/index.html|url-status=live}}</ref> It is a 33-storey tower 163 meters high. The World Bank and [[International Finance Corporation]] (part of the World Bank Group) are also located in Upper Hill at the Delta Center, Menegai Road. Earlier on, they were located in the Hill Park Building and CBA Building respectively (both also in Upper Hill), and prior to that in View Park towers in the Central Business District.

To accommodate the large demand for floor space in Nairobi, various commercial projects are being constructed. New business parks are being built in the city, including the flagship [[Nairobi Business Park]].

===Construction boom and real estate development projects===

[[File:A view of Nairobi from the Kenyatta International Conference Centre.jpg|thumb|A view of Nairobi from the [[Kenyatta International Conference Centre]]]]Nairobi is undergoing a construction boom. Major real estate projects and skyscrapers are coming up in the city. Among them are the pinnacle twin towers which will tower at 314 m, [[Britam Tower]] (200 m), Avic International Africa headquarters (176 m), Prism tower (140 m), Pan Africa insurance towers, Pallazzo offices, and many other projects. Shopping malls are also being constructed like the recently completed Garden city Mall, Centum's [[Two Rivers Mall|Two rivers Mall]], The Hub in Karen, Karen waterfront, Thika Greens, and the recently reconstructed Westgate Mall. High-class residential apartments for living are coming up like Le Mac towers, a residential tower in Westlands Nairobi with 23 floors. Avic International is also putting up a total of four residential apartments on Waiyaki way: a 28-level tower, two 24-level towers, and a 25-level tower. Hotel towers are also being erected in the city. Avic International is putting up a 30-level hotel tower of 141 m in the Westlands. The hotel tower will be operated by Marriot group. Jabavu limited is constructing a 35 floor hotel tower in Upper Hill which will be high over 140 metres in the city skyline. Arcon Group Africa has also announced plans to erect a skyscraper in Upper hill which will have 66 floors and tower over 290 metres, further cementing Upper hill as the preferred metropolis for multinational corporations launching their operations in the Kenyan capital.
{| style=class="wikitable"
|+ '''Nairobi's tallest skyscrapers'''<ref>{{cite web |last=Emporis Buildings |title=Nairobi High Rise Buildings |publisher=[[Emporis]] |url=http://www.emporis.com/en/wm/ci/bu/sk/li/?id=100051&bt=2&ht=2&sro=1 |archive-url=https://web.archive.org/web/20040922020344/http://www.emporis.com/en/wm/ci/bu/sk/li/?id=100051&bt=2&ht=2&sro=1 |url-status=usurped |archive-date=22 September 2004 |access-date=25 June 2007}}</ref>
|-
| [[The Pinnacle (Nairobi)|Pinnacle Towers]] (estimated completion in 2020) || {{convert|314|m|ft|abbr=on}}
|-
| [[Britam Tower]] || {{convert|200|m|ft|abbr=on}}
|-
| [[UAP Tower]] || {{convert|163|m|ft|abbr=on}}
|-
| [[Times Tower]]       || {{convert|140|m|ft|abbr=on}}
|-
| [[Teleposta Towers]]       || {{convert|120|m|ft|abbr=on}}
|-
| [[Kenyatta International Conference Centre]]{{nbsp|2}} || {{convert|105|m|ft|abbr=on}}
|-
| NSSF Building          || {{convert|103|m|ft|abbr=on}}
|-
| [[I&M Bank Tower]]         || {{convert|100|m|ft|abbr=on}}
|-
| [[Nyayo House]]            || {{convert|84|m|ft|abbr=on}}
|-
|Cooperative Bank House
|83&nbsp;m (272&nbsp;ft)
|-
|National Bank House
|82&nbsp;m (269&nbsp;ft)
|-
|[[Hazina Towers]]
|81&nbsp;m (266&nbsp;ft)
|-
| [[Rahimtulla Tower]]       ||80&nbsp;m (260&nbsp;ft)
|}

Also see [[List of tallest buildings in Kenya]]