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Nairobi financial centre will be our answer to IP export

Nairobi financial centre will be our answer to IP export Thursday July 29 2021 An aerial view of the Nairobi Central Businss District on June 30, 2021. PHOTO | DIANA NGILA | NMG By MUTUA MUTUKU Kenya is bracing for a regional financial hub, the Nairobi International Financial Centre. This centre is expected to compete for a place with the likes of Economic Development Board of Mauritius, Casablanca Finance City, Kigali International Financial Centre and the Twin cities of Cape Town and Johannesburg. Distinguishing aspects of an IFC include large number of financial institutions and financial systems, low or zero taxation, moderate or light financial regulation, technology innovation, banking secrecy and anonymity.

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