Somalia’s new bourse eyes $2bn diaspora funds, IPOs in 2026

From left: Yasin M. Ibar, CEO of Somalia’s National Securities Exchange (NSES), Mohamed Said, Pierre Celestin Rwabukumba, CEO of the Rwanda Stock Exchange and Frank Lloyd Mwiti, CEO of the Nairobi Securities Exchange, during the launch of the NSES.

Photo credit: Pool

Somalia’s newly launched National Securities Exchange (NSES) is preparing to open to public investment, with plans to sell up to 20 percent of its shares and debut listings from the telecommunications and energy sectors within the next few months.

The exchange, inaugurated in June, marks a pivotal step in Somalia’s financial evolution and aims to start trading in early 2026.