Kenya returns to region's unified stockmarket project

Nairobi Securities Exchange CEO Geoffrey Odundo

Nairobi Securities Exchange CEO Geoffrey Odundo during the SecondStax portal launch on November 4, 2022. Kenya is back to a unified stockmarket for the region, seven years after it declined the project over procurement concerns. PHOTO | DIANA NGILA | NMG

Kenya is back to a unified stockmarket for the region, seven years after it declined the project over procurement concerns.

Nairobi Securities Exchange chief executive Geoffrey Odundo told The EastAfrican that negotiations are on-going with the East African Community Secretariat for Kenya to return to the World Bank-funded East Africa Capital Markets Infrastructure (CMI) project.