Kenya’s stock market is facing the risk of foreign outflows as a result of the escalating regional conflicts and the potential global trade wars triggered by the US tariffs, highlighting the sensitivity of deep-pocketed foreign investors to insecurity and political noise in frontier and emerging markets.
The Capital Markets Authority (CMA) says in its latest quarterly market report (January-March) that insecurity in the Democratic Republic of Congo, South Sudan and Somalia is likely to harm the flow of investment capital to Nairobi.
