NSE rejoins regional capital markets after decade-long boycott
The move is a key milestone, with Nairobi — the region’s largest stockmarket — hosting 64 listed firms, some cross-listed in Rwanda, Tanzania and Uganda.
The Nairobi Securities Exchange (NSE) now says it is rejoining the East African Capital Markets Infrastructure (CMI) platform after nearly a decade of boycott over procurement of the software connecting the exchanges.
The move marks a key milestone in implementation of the project, considering that Nairobi is the biggest stockmarket in the region, with 64 listed companies and a portion of them cross-listed in Rwanda, Tanzania and Uganda.