Africa Finance Corporation Plants East Africa Flag with Nairobi Hub
The Africa Finance Corporation (AFC) has established its first regional office in Nairobi, Kenya, marking a significant expansion of the corporation’s platform for infrastructure investment across East Africa. The move was formalized through a Host Country Agreement signed by Prime Cabinet Secretary Dr. Musalia Mudavadi and AFC President Samaila Zubairu.
Strategic Location for Growth
Nairobi’s selection as AFC’s regional hub reflects its status as a logistics, financial, and technology center in the region. The office will serve as a full-service platform for transaction origination, structuring, and execution, enabling faster deployment of capital across interconnected markets.
Investment Plans & Focus Sectors
AFC plans to mobilize over US$2 billion in investments across East Africa over the next three to five years. Priority sectors include:
- Logistics and trade corridors
- Power and transmission infrastructure
- Special economic zones
- Digital infrastructure
- Climate-resilient assets
The Regional Office will also focus on developing structured local currency solutions to improve project bankability.
Kenya Partnership Deepens
Since becoming a member in 2017, AFC has already committed over US$1.3 billion to Kenyan projects—including the Dongo Kundu Integrated Industrial Park and Naivasha Special Economic Zone II in partnership with Arise Integrated Industrial Platforms.
Prime Cabinet Secretary H.E. Mudavadi stated that Kenya is “not only a hub for the region but for the entire continent,” while President William Ruto emphasized how this partnership will support job creation and align with Kenya’s Vision 2030 development goals.