Wadi Degla to invest Sh10bn in Nairobi with five new clubs

October 13, 2016
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Wadi Degla Clubs Kenya Manager Joseph Reda says the firm is looking at opening clubs in Migaa and Karen and is still looking for other places in Nairobi to set up two more clubs/COURTESY
Wadi Degla Clubs Kenya Manager Joseph Reda says the firm is looking at opening clubs in Migaa and Karen and is still looking for other places in Nairobi to set up two more clubs/COURTESY

, NAIROBI, Kenya, Oct 13 – Wadi Degla Holding, an Egyptian investment firm is set to open five new clubs in Nairobi at a cost of Sh10 billion in the next three years.

Wadi Degla Clubs Kenya Manager Joseph Reda says the firm is looking at opening clubs in Migaa and Karen and is still looking for other places in Nairobi to set up two more clubs.

Reda says the firm is also looking at adding more clubs in other parts of the country including Kisumu and Mombasa.

He says the move is necessitated by the growing middle class that has sophisticated needs.

The Club is also set to expand to Uganda and Rwanda in the next few years.

Reda spoke to Capital FM Business at the sidelines of the official opening of the Wadi Degla Runda Club.

He says the Club resonates with the new lifestyle for Kenyans who are now seeking an exclusive leisure experience and a private members’ club for the whole family.

“The club provides a one-stop shop for families looking to engage in different activities be it swimming, wining and dining and even business,” he explained.

The club which is a Sh2 billion investment, situated in a 10 acres piece of land has a sporting ground carpeted with artificial grass, has carpeted children’s’ play area with swings and slides.

The club also has fine dining restaurant, a rooftop bar and several eateries, a Spa and what Reda termed as “Kenya’s most sophisticated Gym.”

“We have partnered with sports academies to help children develop their talents into professional careers, children can be enrolled in the Arsenal Soccer School while those who want to be athletes will be trained by former marathon champion Douglas Wakihuri,” he added.

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