New Delhi, May 19 -- Wealthiest individuals in Kenya (both locals and foreigners) are shifting from luxury spending and status-driven investments, choosing instead to put their money into agriculture-related investments, in-demand clean energy and environmental conservation, according to a new report.
The Kenyan edition of the newly released 2025 Wealth Report by global property consultancy Knight Frank revealed a notable reorientation of investment trends among the High Net-Worth Individuals (HNWIs) in the east African country. Fueled by global economic uncertainty and a slowing domestic economy, the Kenyan movers and shakers, known for their preference for luxury assets-like multiple million dollar cars, homes, hospitality or real est...
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