Muslim business leaders call for Tatu City investments

Muslim business community leaders have endorsed Tatu City as one of the most attractive and reliable investment destinations in Kenya, with rapidly appreciating value and unprecedented private-sector confidence.

Speaking on Sunday during the Muslim Business Community Luncheon at MAA Hotel in Nairobi, former Mandera Senator Billow Kerrow praised the real-estate returns within Tatu City, saying the returns from Tatu City properties significantly exceed those available across Nairobi.

“The returns are far, much higher when I calculated, than what we are getting in other parts of Nairobi,” he said, citing the high-quality apartments and British-standard townhouses he had inspected.

Kerrow also praised the accessibility of the development.

“When we went on to the highway, it took us 10 minutes to be back in Nairobi,” he said.

But he emphasised that security remained investors’ top concern, one he said Tatu City had effectively addressed.

“They have very good community policing, they have their own backup and water supply,” he noted, calling it an investment destination free from the typical frustrations of Nairobi.”

Wajir Deputy Governor Ahmed Muhumed Abdi described the development as one that generates value beyond property ownership.

“Investments do not only help the investor, they equally help the public because jobs are created,” he said.

Abdi pointed to global shifts towards smart city models and noted that Tatu City already has 6,000 residents, 25,000 jobs, and a long-term plan for 250,000 residents.

He said the figures he was shown indicate that 70% of Kenya’s foreign direct investment in 2025 has gone to Tatu City, which he termed a massive figure.

Rendeavour's Chief Financial Officer George Kapanadze attributed long-term value appreciation to the city’s design and amenities.

“The capital always appreciates in Tatu City, and I will tell you why,” he said. He pointed to the wildlife sanctuary, international schools, modern infrastructure, parks and quality-controlled development model.

Drawing a comparison, he said, “If we look at Dubai, they invest in lifestyle, amenities, infrastructure. What we are doing is exactly the same.”

Rendeavour Group COO and Kenya Country Head Preston Mendenhall thanked the Muslim and Somali community for the highest degree of loyalty over the last 15 years of development.

He described Tatu City as the most wonderful place to live in.

Mendenhall emphasised Rendeavour’s financial strength and ability to sustain long-term development.

“We have no debt. If there is a disruption in the market, you keep developing,” he said, noting that key shareholders are committed to a multi-decade vision.

He hailed the major investment by Abdul Hassan of Business Bay Square (BBS), calling it a transformational development for all of East Africa, and especially for the Somali community.

With strong endorsements, billions in commitments and rising investor confidence, Tatu City continues to position itself as a flagship model for secure, profitable and community-driven urban development in Kenya.