Cloud services have emerged as the main revenue driver for Kenya’s flagship smart city, Konza technopolis, accounting for the highest proportion of the KSh 252.4 million the city generated in 2024.
- •Revenue from Konza Cloud rose more than four times to KSh 151.6 million in 2024, pushing the total revenue up from KSh 191.3 million in 2023.
- •The land lease revenue declined by 17.4% to KSh 76.1 million, while other revenue streams declined by 60.9% to KSh 24.7 million in 2024.
- •The number of investors in the Technopolis rose to 70 in 2024, from 56 in 2023, and the annual amount invested grew by 27.3% to KSh 13.6 billion in 2024 which led to KSh 83.5b cumulative investment in the Technopolis as at the end of 2024.
The utilization of Konza Cloud resources has intensified over the past five years. Available storage increased to 25.0% in 2024 from 22.0% in 2023, after additional disks were commissioned, which pushed the share of used storage down to 75.0% in 2024 from 78.0% in 2023. The proportion of idle virtual CPUs fell to 62.0% in 2024 from 71.0 per cent in 2023, signaling more intensive workloads on the platform.
The number of parcels surveyed rose from 187 in 2023 to 515 in 2024, while the number of parcels leased grew more than threefold from 9 in 2023 to 33 in 2024. As a result, the stock of land still available for lease narrowed to 68 parcels, a 5.6% decline, and parcels under development increased up to 9 in 2024 from 8 in 2023.
The length of road infrastructure increased by 28.6% to 45 kilometers, while the length of walkways increased by 80.0% to 45 kilometers.
