AFC Nairobi Office Opens, Eyes $2B East Africa Deals

Africa Finance Corporation (AFC) signed a Host Country Agreement with Kenya during The Africa We Build Summit in Nairobi on or around April 25, 2026. This establishes the AFC Nairobi Office, its first regional base. The move targets over US$2 billion in investments across East Africa over the next three to five years.

President William Samoei Ruto witnessed the signing at The Africa We Build Summit in Nairobi. H.E. Dr. Musalia Mudavadi, Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs, signed for Kenya. AFC President and CEO Samaila Zubairu signed for the corporation.

Kenya’s economy will grow by 5.3% in 2026. The East African Community, home to over 400 million people, expands at about 6% annually. Nairobi serves as a hub for logistics, finance, and technology. This makes it ideal for AFC’s operations in transaction origination, capital mobilisation, and cross-border projects.

Strategic Focus for High-Impact Sectors

The AFC Nairobi Office will originate, structure, and execute transactions. It targets sectors with strong multiplier effects. These include logistics and trade corridors, power and transmission, special economic zones, digital infrastructure, and climate-resilient assets.

AFC plans to deploy and mobilise more than US$2 billion. The office will drive capital mobilisation and local currency solutions. It aims to improve bankability and attract institutional capital. Partnerships with governments, investors, and private operators will optimise the portfolio.

AFC built a strong track record in Kenya since 2017. The corporation committed over US$1.3 billion to energy, transport, and industrial projects. Current work includes the Dongo Kundu Integrated Industrial Park and Naivasha Special Economic Zone II. AFC partners with Arise Integrated Industrial Platforms on these. It also supports Jomo Kenyatta International Airport expansion.

Prime Cabinet Secretary Mudavadi welcomed AFC. He noted Kenya’s role as a continental hub. President Ruto called the signing pivotal for Kenya’s development. It aligns with Vision 2030 and creates jobs.

Investor Opportunities in East Africa

Samaila Zubairu highlighted Nairobi’s strengths. “Nairobi’s position as a logistics, finance and technology hub makes it a natural anchor for AFC’s East African operations,” he said. The office speeds up origination and scales capital deployment across markets.

For investors, the AFC Nairobi Office signals deeper access to bankable projects. It crowds in funding for infrastructure that unlocks trade and growth. Kenya’s stable environment, with easing inflation and fiscal progress, supports long-term finance. AFC’s platform enhances returns in a 6% growth region.

This expansion positions AFC to lead industrial transformation. Investors gain from structured deals in high-demand sectors. Regional integration accelerates as a result.

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