Kenya: Value of Nairobi Building Approvals Down Sh34.2bn

Nairobi — The value of building approvals in Nairobi fell by Sh34.2 billion in the first eight months of 2025, reflecting the impact of high interest rates and costly construction materials on new developments.

Data from the Kenya National Bureau of Statistics (KNBS) shows that approvals declined to Sh114.3 billion between January and August this year, down from Sh148.5 billion in the same period last year.

According to the KNBS, approvals for non-residential projects fell from 25,456 to 24,188,…