Nairobi, July 2 -- The Nairobi International Finance Centre (NIFC) has admitted 15 new companies, which are expected to mobilise a combined Sh25.8 billion ($200 million) in investments and create over 1,000 jobs in the country.

The firms will now set up physical offices in Kenya to run their operations in East Africa, and access State incentives, including tax holidays.

"This is not simply about certifying companies. It is about mobilising capital into productive sectors of the economy, creating quality jobs, commercialising innovation and positioning Kenya as the destination of choice for investors looking at Africa," NIFC chief executive officer, Daniel Mainda, said.

With the new additions, the NIFC now has 41 firms on its roll, with...