London, New York, Hong Kong, and… Nairobi?

When Kenyan infrastructure firm TransCentury wanted to issue a $75 million corporate bond, it was forced to look to the Indian Ocean island of Mauritius, Africa’s leading offshore financial center some 3,000 km (1,900 miles) away.
Kenya is already a growing gateway for foreign investment into East Africa and now has ambitions to become an international banking and financial hub in its own right.
But to have any hope of coming close to rivaling the continent’s pre-eminent …

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