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Nairobi, Kenya News
About Nairobi, Kenya Nairobi is the economic center of Kenya. Nairobi is home to the Nairobi Stock Exchange (NSE), one of Africa's largest. The NSE was officially recognised as an overseas stock exchange by the London Stock Exchange in 1953. The exchange is Africa's 4th largest (in terms of trading volumes) and 5th (in terms of Market Capitalization as a percentage of GDP). Nairobi is the regional headquarters of several international companies and organizations. This makes it one of the most influential cities in Africa. In 2007 alone, General Electric, Young & Rubicam, Google, Coca Cola and Celtel relocated their African headquarters to the city. The United Nations has strong presence in Nairobi; the United Nations Office at Nairobi hosts UNEP and UN-Habitat headquarters. Several of Africa's largest companies are headquartered in Nairobi. KenGen, which is the largest African stock outside South Africa, is based in the city. Kenya Airways, Africa's fourth largest airline, uses Nairobi's Jomo Kenyatta International Airport as a hub. Goods manufactured in Nairobi include clothing, textiles, building materials, processed foods, beverages, cigarettes etc. Several foreign companies have factories based in and around the city. These includes Goodyear, General Motors, Toyota Motors, Coca Cola and American audit firm PricewaterhouseCoopers. Nairobi has a large tourist industry, being both a tourist destination and a transport hub. Other Major Cities:
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