NAIROBI, Kenya, Nov 28 – The Nairobi Securities Exchange (NSE) has signed a Memorandum of Understanding (MoU) with the National Securities Exchange of Somalia (NSES) to pave the way for cross-border listings, technology collaboration, and deeper financial integration between the two markets.
The agreement sets a framework for dual listings, shared regulatory standards, Sukuk development, and joint investor-education programmes, supporting Somalia’s formal entry into capital markets while opening new opportunities for Kenyan issuers and investors in a frontier economy.
Under the deal, the two exchanges will cooperate on technology transfer, market-surveillance systems, post-trade infrastructure, and Shariah-compliant products, while aligning their activities with protocols under the East African Securities Exchanges Association.
NSES Chief Executive Yasin Ibar said the partnership will expand access to regulated financing for Somali businesses, shifting them from informal funding systems to formal capital markets.
The partnership comes as Somalia prepares to begin trading on its bourse in early 2026, targeting sectors such as telecommunications, banking, real estate, energy, and agriculture. A joint working committee will oversee implementation, focusing on regulatory cooperation and investor-education initiatives.
