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Foreign Affairs set to scuttle Afreximbank Kenya head office bid

Foreign Affairs and International Trade secretary Amina Mohamed. PHOTO | ANTHONY OMUYA

The African Export-Import Bank (Afreximbank) is expected to inform the government of its decision to move its planned regional headquarters from Nairobi after the Ministry of Foreign Affairs rejected some key demands by the bank, including diplomatic immunity for its top executives.

The ministry on Friday said it had reviewed a draft agreement with the bank to have the Sh3 billion headquarters set up in Nairobi.

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