Nairobi International Financial Centre Joins World Alliance
 NAIROBI, Kenya, Sept 30 - The Nairobi International Financial Centre (NIFC) has joined the World Alliance of International Financial Centres Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Nairobi International Financial Centre (NIFC) has become a full member of the World Alliance of International Financial Centres (WAIFC), significantly strengthening Nairobi's position as a leading global financial hub.
- This inclusion raises WAIFC's global membership to 21.
- NIFC CEO Daniel Mainda announced the membership during WAIFC's Annual Meeting in Frankfurt.
- The Kenyan government has supported NIFC through reforms like the Nairobi International Financial Centre Act, 2021, and preferential tax incentives under the 2025/26 Finance Act.
- NIFC will also join WAIFC's African Chapter to foster cross-continental investment collaboration.
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AFC Raises $1.5B Loan as NIFC and Eastrise Group Announce Strategic Expansions - September 2025
Africa Finance Corporation (AFC) has secured its largest-ever debt facility, a US$1.5 billion syndicated loan for general corporate purposes. This three-year facility attracted strong demand and achieved more favorable pricing than last year's loan. In another strategic move, the Nairobi International Financial Centre (NIFC) has become a full member of the World Alliance of International Financial Centres (WAIFC), strengthening Nairobi's position as a global financial hub. Separately, strategy firm Eastrise Group has launched its Eastrise Advisory Board to strengthen business ties between Africa and Europe. The board's initiative aims to connect capital and businesses across the two continents.
