By Michelle Ndaga
The Nairobi International Financial Centre (NIFC) has been officially admitted as the 21st member of the World Alliance of International Financial Centers (WAIFC) during the organization’s Annual General Meeting held in Frankfurt, Germany.
This milestone affirms Nairobi’s rising stature as a leading financial hub and gateway to Africa’s 54 countries, home to over 1.3 billion people, and a combined GDP exceeding USD 3.4 trillion.
Anchored in Kenya’s ambitious Vision 2030 development blueprint, NIFC is designed to attract global investment, deepen the country’s financial sector, and position Nairobi as Africa’s premier investment destination.
Membership in WAIFC elevates Kenya’s profile on the global financial stage, unlocking new opportunities for enhanced capital flows, financial innovation, and cross-border collaboration.
It also facilitates knowledge exchange with other leading financial centres worldwide, strengthening Nairobi’s capacity to develop a competitive and sustainable financial ecosystem.
