Nairobi,
The Nairobi Securities Exchange (NSE) and the National Securities Exchange of Somalia (NSES) have signed a landmark MoU to advance cross-border listings, investor access, technology collaboration, and regulatory harmonisation across East Africa. The agreement establishes frameworks for dual listings, Sukuk bond development, and joint investor-education initiatives, accelerating Somalia’s entry into formal capital markets while expanding opportunities for Kenya.
The partnership links Somalia’s newly established exchange with one of Africa’s most experienced bourses, supporting ambitions to mobilise private capital, attract diaspora investment, and build a more resilient and interconnected regional economy. It aligns with EASEA protocols and AfCFTA’s vision of seamless trade and investment.
Kenya and Somalia’s longstanding economic and cultural ties underpin the collaboration, enabling investors from both nations to participate confidently in each other’s markets.
NSES CEO Yasin M. Ibar said the partnership creates a transparent, regulated marketplace for Somali entrepreneurs and formalises deep existing links between the two countries. NSE CEO Frank Mwiti said the MoU strengthens Nairobi’s role as a regional financial hub and will unlock liquidity, support private-sector growth, and broaden investor participation.
Somalia prepares to begin trading on NSES in early 2026 across sectors including telecoms, banking, energy, real estate and agriculture. A joint working committee will drive implementation, focusing on regulatory cooperation, market surveillance and investor education.
By James Kisoo
