Investment
Total 37 Posts
Growing DUT Wealth from Ksh 5 Billion to Ksh 25 Billion in 2024
"Let’s remit about $50 million (1%) of the projected $4 billion remittances to DUT and grow our wealth,” said Dr. Wilson Endege of Boston, MA, USA during Diaspora University Town (DUT) Saturday Zoom meeting. Diaspora Kenyans who have progressed and invested in the DUT project were happy to hear
Mughe Dam 8 Billion Litres Plan
Ronald Mwangombe and Lucy Malemba of Ndara B Community are proposing the expansion of the Mughe Dam to be a dam that can collect over 8 billion litres of water. The dam would occupy about 100 acres of land and have a volume area of 8 million cubic meters. Lucy
DUT Diaspora Kenyans Ksh 2 Trillion Industrialization Opportunity
Diaspora Kenyans, through the Micro Small & Medium Enterprises (MSMEs) plan, Ndara B Community 28 Industrial and Farming Companies Plan and the $500 Million remittance plan, are eyeing the Ksh 2 trillion opportunity in Kenya. The opportunity exists through the production of products that are currently imported to Kenya. Kenya
How Diaspora University Town is Attracting Investors
Diaspora University Town (DUT) is attracting investors through various strategies and incentives. The project offers a wide range of opportunities for businesses and individuals to benefit from investing in the town's development. With the creation of 15,000 jobs, including 1,500 for Diaspora Kenyans who will relocate back to
Developing a DUT Townhouse with $75 a Month
The Kenya shilling is today exchanging at over Ksh 150 to one dollar. Based on this exchange, a Diaspora Kenyan can start developing a Diaspora University Town (DUT) Townhouse with $75 a month. DUT is currently progressing the development of a Town with 3,778 plots. 3,500 of these
$500 Million addition into DUT to grow to $1 Billion.
The world Gross Domestic Product (GDP) is calculated as $96 trillion. This GDP at any given day anchors over $1 trillion (about Kshs 100 trillion) of finance/money that is looking for work. The money is held in banks, venture capital firms, equity funds, hedge funds and other investments firms.
3,200 Apartments Development at DUT
Diaspora University Town (DUT) has a 3,200 apartment’s development plan. The plan will produce 3,200 apartments of 1, 2 and 3 bedrooms. The apartments will be 4 stories up with each building having 80 apartments. 16 apartments, 1 bedroom; 32 apartments, 2 bedrooms; and, 32 apartments, 3