TATU CITY, Kenya, July 4, 2026 /PRNewswire/ — Mabani Aljazeera Holding Group, a number one personal Saudi Arabian development and funding firm, will spend money on Jabali Towers, the premier mixed-use improvement situated on the coronary heart of Tatu Metropolis Particular Financial Zone (SEZ) in Kenya. The fairness funding by Mabani – via its subsidiary, Swan Properties – marks a significant milestone for East Africa, representing a major vote of confidence by a significant Saudi investor and highlighting Tatu Metropolis SEZ’s report attraction of overseas direct funding to Kenya.
John Mwendwa, OGW, CEO, InvestKenya; Abdullah AlMalki, Chairman, Mabani Aljazeera Holdings Group; Stephen Jennings, Founder and CEO of Rendeavour, the proprietor and developer of Tatu Metropolis;and Hon. Lee Kinyanjui, CS for Investments, Commerce, and Business, through the signing of an settlement beneath which the Saudi Arabian development and funding firm, Mabani, will purchase a 50% minus one share stake of Tatu Metropolis’s Jabali Towers mixed-use improvement in Kenya.
Jabali Towers, whose 25- and 36-storey towers soar over Tatu Metropolis, contains unique facilities for residents and 35 eating places and outlets open to the general public. The primary tower is greater than 80% offered. Earlier this week, Tatu Metropolis appointed China Highway and Bridge Company as the principle contractor for the 88,000/m2 improvement.
“Mabani Aljazeera Holding Group and Swan Properties are delighted to spend money on the landmark Jabali Towers improvement at Tatu Metropolis,” stated Abdullah AlMalki, Chairman of Mabani Group. “A mix of our expertise, development supplies and capital will make Jabali Towers the preeminent actual property improvement in Africa.”
Swan Properties will obtain 50% minus one share for its funding within the Jabali Towers improvement firm, with Rendeavour, Tatu Metropolis’s proprietor and developer, as the bulk shareholder.
The three way partnership was lauded by the Saudi Export Import Financial institution, which goals to advertise the event and diversification of Saudi exports and improve their potential to compete in world markets.
Stephen Jennings, Founder and CEO of Rendeavour, stated: “Mabani Aljazeera Holding Group and Swan Properties’ funding in Tatu Metropolis and Kenya is underpinned by Rendeavour’s 20-year observe report of delivering on its guarantees in Africa. Yearly, Tatu Metropolis attracts greater than half of all overseas direct funding in Kenya. We’re participating with quite a few Saudi traders able to spend money on Kenya and are delighted that Swan Properties is the pioneer.”
Jabali Towers provides studio, one-, two- and three-bedroom flats ranging from KES 10.2 million (USD 78,200), offering owners and traders with a possibility to personal a residence in Kenya’s main mixed-use SEZ. Jabali Towers is supported by greater than 15 years of infrastructure funding in Tatu Metropolis, together with 24-hour potable water, 99.7% energy uptime, high-speed fibre web connectivity and greater than 70 kilometres of international-standard roads, offering the infrastructure anticipated of a contemporary world metropolis.
The long-term enchantment of Jabali Towers is bolstered by Tatu Metropolis’s distinctive live-work-play ecosystem. Wellington Faculty Worldwide Kenya, scheduled to open in 2028, will additional improve town’s enchantment amongst Kenyan households, expatriates and professionals searching for world-class schooling inside a safe, master-planned surroundings.
Residents additionally take pleasure in greater than 100 kilometres of strolling and biking trails, parks, lakes and expansive inexperienced areas, whereas the Tatu Wildlife Sanctuary, the world’s solely city wildlife sanctuary, opens on the finish of 2026, delivering Tatu Metropolis’s imaginative and prescient of integrating nature with trendy city residing.
Developed by Rendeavour, Africa’s new metropolis builder, Tatu Metropolis is the continent’s fastest-growing city vacation spot. House to greater than 7,000 residents with a inhabitants rising by over 40% yearly, town welcomes greater than 35,000 folks day by day who dwell, work, study and recreate inside its built-in ecosystem. With improvement valued at greater than USD 3.5 billion, Tatu Metropolis hosts over 110 companies, faculties educating greater than 6,000 college students, and three,500 mixed-income houses which are both occupied or beneath improvement.
CONTACT: Prudence Karimi, pkarimi@tatucity.com
