The government has approved 15 new companies under the Nairobi International Financial Centre (NIFC), a move expected to attract KSh26 billion in investments and create more than 1,000 direct and indirect employment opportunities across the country.
The certification is part of Kenya’s broader strategy to position itself as a leading financial and investment hub in Africa by attracting global capital, innovative businesses, and technology-driven enterprises.
Investments Target Key Growth Sectors
According to the NIFC, the newly certified firms operate in strategic sectors including financial technology (fintech), artificial intelligence, digital assets, insurance, carbon finance, investment management, and capital markets infrastructure.
The authority said the firms are expected to channel investments into productive sectors of the economy while driving innovation, business expansion, and sustainable economic growth.
“The latest certifications expand the NIFC’s growing portfolio of companies choosing Kenya as their preferred destination for investment, innovation, and regional expansion,” the authority said.
Kenya Strengthens Position as Financial Hub
NIFC Chief Executive Officer Daniel Mainda said the latest approvals demonstrate increasing global confidence in Kenya’s investment climate and regulatory environment.
“Every firm we certify is making a deliberate vote of confidence in Kenya’s future. Together, these companies are helping build the next generation of Africa’s financial ecosystem where capital is mobilised, technology is commercialised, innovation is financed, and sustainable investment flourishes,” Mainda said.
He added that the certification programme is aimed not only at attracting companies but also at creating quality jobs, encouraging innovation, and increasing investment into sectors that support long-term economic development.
Digital Finance Among Key Priorities
The newly approved firms are also expected to accelerate Kenya’s growth in digital finance by developing solutions such as cross-border payment platforms, stablecoins, tokenised financial products, and other emerging financial technologies.
The latest approvals come as Kenya continues to market itself as a regional financial centre capable of attracting international investors seeking opportunities across Africa.
About the NIFC
The Nairobi International Financial Centre is a state corporation established under the NIFC Act, 2017 and operates under the National Treasury.
Its mandate includes promoting Kenya as an international financial centre, attracting both local and foreign investment, and issuing operating certificates to eligible firms seeking to establish businesses within the NIFC ecosystem.
The government believes the latest round of certifications will further enhance Kenya’s competitiveness in the global financial market while supporting job creation, technological innovation, and sustainable economic growth.
