Kenya is fast emerging as the continent’s financial nerve centre, with a growing number of global financial and professional services firms setting up regional headquarters in Nairobi.
From Lloyd’s of London—one of the world’s most prestigious insurance markets—choosing Nairobi as its African base, to the European Bank for Development eyeing its continental operations in the Kenyan capital, the message is clear: Kenya is open for business, and the world is responding.
British health insurance giant BUPA opened its regional hub in the city, African Finance Corporation set up an office in Upper Hill, and Africa Specialty Risk made Nairobi its strategic East African outpost.
Meanwhile, global outsourcing giant Teleperformance launched operations at Two Rivers Mall, tapping into Kenya’s digitally literate youth and growing tech infrastructure.
The influx of top-tier institutions has been widely credited to Kenya’s deep and growing pool of skilled professionals. President William Ruto, currently in London, recently told a gathering of the Kenyan diaspora that “everywhere I go, I am told Kenyans are outstanding and require minimal supervision.”
Nairobi’s strong legal system, English-speaking workforce, modern infrastructure, and regional connectivity are turning it into Africa’s version of Dubai or Singapore—an anchor for international finance and trade.
With global firms choosing Nairobi over traditional hubs like Johannesburg or Lagos, Kenya’s ambitions to lead Africa’s next financial chapter seem more realistic than ever.
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