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Originally published by The Standard Business
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July 2, 2026
1d ago

Nairobi onboards blue-chip firms in race for financial hub status

Nairobi onboards blue-chip firms in race for financial hub status

President William Ruto's government has been stepping up efforts to attract global capital...

✨ Key Highlights

Nairobi is intensifying its bid to become Africa's premier financial hub by certifying 15 new international firms under the Nairobi International Financial Centre (NIFC), aiming to attract significant global capital investment and challenging established financial centers.

  • 15 new firms have been certified, expected to mobilize over $200 million (Sh26 billion) in investment and create over 1,000 jobs.
  • Key organizations involved include the Nairobi International Financial Centre (NIFC) and the Kenyan government under President William Ruto.
  • Notable new certifications include Bupa Global Insurance and Etica Capital, reflecting growing international confidence in Kenya's regulatory environment.

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