Foreign Banks Eye Nairobi as Gateway to East African Markets

Nairobi has attracted growing interest from foreign banks positioning the city as a strategic gateway to East African markets. County officials confirmed that several international financial institutions are exploring entry or expansion in Nairobi, citing the city’s robust fintech ecosystem, regional connectivity, and ongoing regulatory reforms.
The surge in interest follows Kenya’s Finance Act 2025 and the Central Bank of Kenya’s digital credit regulations, which have strengthened transparency and investor confidence. Nairobi’s role as East Africa’s commercial hub, coupled with its expanding digital payments economy, has made it an attractive base for banks seeking to serve regional trade corridors and cross-border transactions.
Analysts note that foreign banks are particularly drawn to opportunities in infrastructure financing, SME lending, and green investment projects. Partnerships with local institutions are expected to accelerate financial inclusion while providing businesses with access to global capital. The trend complements Nairobi County’s initiatives such as the Export Support Programs (November 20, 2025) and the Industrial Infrastructure PPP (November 27, 2025), which aim to strengthen competitiveness and attract foreign investment.
Looking ahead, Nairobi County plans to integrate AI-powered compliance systems, blockchain-based trade certification, and green finance incentives into its financial ecosystem. Officials believe that by embedding advanced technologies and fostering international partnerships, Nairobi can accelerate economic growth, reinforce its role as East Africa’s financial hub, and position itself as a leading gateway for global capital flows.