Somalia’s Corruption Funds Overwhelm Kenya’s Real Estate Market

NAIROBI— The far-reaching consequences of Somalia’s widespread corruption have extended beyond its borders, with the ill-gotten gains now driving a property boom in Nairobi, Kenya’s capital city. Experts believe that the influx of dirty money from Somalia’s corrupt officials and business elite is distorting the real estate market. (more…)

Al-Shabaab threat rising in Kenya’s northeast

In Kenya’s rural northeast, roadside bombs and beheadings that last month resulted in the deaths of two dozen people appear to be part of a troubling escalation of violence by al-Qaeda-linked militants, analysts say. (more…)

Property law in Somalia is largely based on customary law. (Part one)

Regulatory body. The lack of proper regulations has made it extremely difficult for potential buyers to get a clear picture of the market, as prices are often inflated and there is no organized system in place to manage the rental or buyer’s market. This has resulted in a situation where...