NSE, Somalia Bourse sign deal to boost cross-border markets
NAIROBI, Kenya, Nov 28 - The Nairobi Securities Exchange (NSE) has signed a Memorandum of Understanding (MoU) with the National Securities Exchange of Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Nairobi Securities Exchange (NSE) and the National Securities Exchange of Somalia (NSES) have signed a Memorandum of Understanding (MoU) to foster financial integration through cross-border listings and technology collaboration.
- The agreement establishes a framework for dual listings, shared regulatory standards, Sukuk development, and joint investor-education programs.
- Yasin Ibar, Chief Executive of NSES, stated the partnership will provide regulated financing access for Somali businesses.
- Somalia's bourse is set to begin trading in early 2026, targeting sectors including telecommunications, banking, real estate, energy, and agriculture.
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Kenya Announces Plans for Road Dualling and Cross-Border Financial Market Integration - November 2025
The Kenyan government is moving forward with significant infrastructure initiatives. President William Ruto announced that tenders for the dualling of Kiambu Road and the Northern Bypass are scheduled for release in early 2026 to address significant traffic congestion. President Ruto also announced a commitment to deepen cooperation with China, particularly in infrastructure development. This was highlighted during a meeting with the Export-ImpoÂrt Bank of China where a loan for an Intelligent Transport System was discussed. Separately, the Nairobi Securities Exchange (NSE) and the National Securities Exchange of Somalia (NSES) signed a Memorandum of Understanding. This agreement aims to foster financial integration through cross-border listings and technology collaboration.
