Cautious optimism meets Kenya’s bid for continental financial hub
Kenya has been working since 2014 to establish the Nairobi International Financial Centre (NIFC), aiming to become a gateway for capital flowing in and out of Africa and to compete with Mauritius, Morocco and South Africa. PHOTO | FILE | NMG
After eight years of preparation, Kenya says it is ready to become an African financial hub, leveraging the Nairobi International Financial Centre (NIFC), which this week received the support of London, the world’s leading financial centre.
To position itself as a business and financial hub in East and Central Africa, Nairobi is seeking to attract global firms to set up their African headquarters.
