More than 1,000 jobs are expected to be created after 15 Nairobi-based companies received certification under the Nairobi International Financial Center (NIFC), with the firms also projected to mobilize over US$200 million (about KSh26 billion) in investment across key sectors.
In a statement dated July 1, NIFC said the newly certified firms span digital finance, climate and carbon markets, artificial intelligence, investment management, healthcare, fintech and capital markets.
The companies are expected to generate more than 1,000 direct and indirect jobs while supporting investment and business expansion.
“Collectively, these firms are expected to mobilize over US$200 million in investment across strategic sectors of the economy while creating more than 1,000 direct and indirect jobs, reflecting growing international confidence in Kenya’s business environment and the Center’s role in catalyzing capital formation, financial innovation and sustainable economic growth,” NIFC explained.
15 companies certified by NIFC
From the statement, the certified firms are: Bupa Global Insurance Limited, Etica Capital Limited, Giraffe Bioenergy Limited, Valor (Valr) Capital Limited, ReportsAI Limited, Afrex Technologies Limited, Onfon Mobile Limited, JPH Investments Limited (Agent for Midsummer Projects Limited), Nairobi Pesa City, Mzizi Court Limited, Uhuru Heights Limited, Zurit Consulting, Assnture Afrique Limited, BoC Technologies Limited and Africa First Exchange (A1X).
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According to the centre, the companies operate in sectors including private equity, venture capital, artificial intelligence, fintech, digital payments, carbon finance, climate investment, digital assets, tokenized securities, international insurance, investment management and capital markets infrastructure.
CEO speaks
NIFC Chief Executive Officer Daniel Mainda said the certifications reflect growing confidence in Kenya’s regulatory environment and its ambition to become Africa’s leading international financial center.
“Every firm we certify is making a deliberate vote of confidence in Kenya’s future. Collectively, these firms are building the ecosystem that will define the next generation of finance in Africa where capital is mobilized, technology is commercialized, innovation is financed, and sustainable investment thrives,” he said.
He added that the initiative aims to attract capital to productive sectors, create quality jobs, commercialize innovation, and strengthen Kenya’s position as a preferred investment destination in Africa.
The authority also said several of the newly certified firms are developing digital asset and tokenization solutions, including virtual asset-enabled cross-border payments and stablecoin-based financial services.
Also Read: Nairobi Recognized as a Global Financial Centre
Nairobi International Financial Centre
The Nairobi International Financial Center (NIFC) is a government initiative established to position Nairobi as a leading regional financial hub by attracting investment, financial institutions, and multinational companies to Kenya.
The center provides a streamlined business environment with regulatory support, faster investment facilitation, and incentives for eligible firms. It focuses on sectors such as fund management, private equity, venture capital, green finance, and fintech.
As part of Kenya Vision 2030, the NIFC aims to boost investment, create jobs, support business growth, and strengthen Nairobi’s role as a gateway for capital into Kenya and the wider African market.
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