Monday, 20 April 2015

Kenya's Entrepreneurial Eco System Thrives Despite Terror Attacks

Kenya’s entrepreneurial eco system is thriving, despite a spate of terror attacks over the last few years, including one earlier this month which left hundreds dead and injured. Overseas hotel bookings have been hit hard with last-minute cancellations, but along the country’s well-travelled coastline, on a white, powder sand beach near Mombasa, there is evidence of Kenya’s new, and growing domestic market: the small, but significantly rising Kenyan middle class. A Kenyan family of four occupies the entire main house of Almanara, a small, luxury resort. Each villa is equipped with no fewer than three bedrooms and a staff of chef, waiter, and housekeeper. And all cost a minimum of $300 per person, per night.

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