The Nairobi International Financial Centre has started to take shape following the invitation of bidders for key consultants set to steer the creation of the regional financial hub.
Through a tender notice released by the national treasury, the NIFC Authority has invited Request for Proposals from interested consultants to carry out a gap analysis for Kenya’s financial services sector and develop regulations on NIFC activities and incentives.
The consultants will also cover interviews with financial services sector stakeholders to understand why the industry is not operating at its optimal capacity, identify strategic activities which should be undertaken at the NIFC and the appropriate incentives thereon.
In addition, they will be required to interview public sector players (such as government, judiciary, financial services sector regulators and other relevant stakeholders) on actions that can be taken to enhance efficiency of the business and regulatory environment.
The NIFC is an operating framework managed by the NIFCA which is meant to facilitate and support the development of an efficient and competitive financial sector in Kenya.
Vision 2030 envisages the NIFC as a catalyst for Kenya to gain a stronger presence in sub-Saharan Africa’s growing financial services market.
Interested bidders have up to 27 November 2018 to submit their completed RFP documents in the tender box provided at the Treasury building.
