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Aerial view of Nairobi. The NIFC aims to position Nairobi as a regional financial hub by attracting international financial institutions. [File, Standard]
The Nairobi International Financial Centre has admitted a new set of firms that it says could help mobilise more than Sh2.6 billion ($200 million) in investments across several sectors.
The centre said it has certified 15 new firms spanning digital finance, climate and carbon markets, artificial intelligence, investment management, healthcare, financial technology and capital markets innovation. The latest certifications add to the growing portfolio of firms setting up in Kenya, as they aim to tap into the local innovation scene and use Kenya as a springboard for regional expansion.
“Collectively, these firms are expected to mobilise over $200 million in investment across strategic sectors of the economy while creating more than 1,000 direct and indirect jobs, reflecting growing international confidence in Kenya’s business environment and the Centre’s role in catalysing capital formation, financial innovation and sustainable economic growth,” said NIFC Chief Executive Daniel Mainda.
