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Kenya to launch Nairobi International Finance Center in early 2017

Published on November 15, 2016

Kenya plans to launch the Nairobi International Finance Centre (NIFC) in early 2017 which will make the capital a regional financial hub, officials have said.

Director General Budget, Fiscal and Economic Affairs in the National Treasury Dr Geoffrey Mwau told a media briefing in Nairobi that Kenya has already developed the legal and regulatory framework for the NIFC.

"Once the NIFC is in place, it help mobilize finance from the international community into the East Africa region," Mwau said during the official launch of the sixth Global Islamic MicroFinance. Read more. Source | Coast Week