Large foreign investors on the NSE often explore Ugandan, Rwandan, and Tanzanian markets, but Kenya’s tough economic conditions have dampened their appetite.
Weak performance indicators in Kenya’s economy during the first half of 2025 have eroded appetite among offshore investors on the Nairobi Securities Exchange (NSE), a development that has wiped out financial synergies generated by foreign investors seeking wider exposure across East Africa’s stock markets.
Whereas large, foreign investors interested in buying shares on the NSE often pursue additional equity opportunities available at the Ugandan, Rwandan and Tanzanian stock markets, tough operating conditions affecting Kenya’s economy have killed investment appetite towards the latter, The EastAfrican has learnt.
