Revenue generated by the Konza Technopolis fell sharply in 2025, largely due to reduced land leasing and delayed payments for cloud services.
New data from the Kenya National Bureau of Statistics (KNBS) shows that the State-owned technology hub recorded a 19.6 percent drop in revenue to Sh202.9 million in 2025, down from Sh252.4 million the previous year.
The decline came despite total investment rising by 19 percent to Sh99.38 billion, with the number of investors increasing to 78 from 70 a year earlier.
Income from leasing land parcels, a key revenue stream for the development, declined to Sh49.8 million in 2025 from Sh76.1 million in 2024, due to low uptake in the Phase II and Phase III sections of the city.
The number of parcels leased dropped to 21 from 33, as available plots rose to 78 following lease revocations and the surveying of additional land.
‘The total revenue generated by the Technopolis declined from Sh252.4 million in 2024 to Sh202.9 million in 2025,’ KNBS said in its 2026 Economic Survey.
‘Revenue generated from the lease of land parcels declined from Sh76.1 million in 2024 to Sh49.8 million in 2025, largely due to low uptake of parcels in Phase II and Phase III of the Technopolis.’
Revenue from the Konza Cloud also fell by 16.4 percent to Sh126.7 million, weighed down by outstanding bills from client institutions, pointing to cash flow pressures despite increased utilisation of digital infrastructure.
Usage rise
Still, the Konza National Data Centre recorded a 27.6 percent increase in the number of hosted clients to 171, while storage capacity utilisation doubled to 50 percent following an infrastructure expansion.
‘Available cloud server memory, however, declined from 28 percent in 2024 to 24 percent in 2025, while available virtual central processing units reduced from 62 percent to 56 percent, reflecting increased uptake and utilisation of the data centre,’ the statistics bureau said.
Konza Technopolis is a 5,000-acre smart city project aimed at positioning Kenya as a regional technology and innovation hub under the State’s Vision 2030 plan.
Located along Mombasa Road, 80 kilometres south of Nairobi city centre, the development hosts a data centre, research institutions and digital innovation hubs, offering a special economic zone for technology businesses.
Some of the companies that have set up operations in the Technopolis include Kenya’s largest telco, Safaricom, and Chinese tech giant Huawei.