Standard Chartered's annual investment outlook for 2026 predicts a significant rally in emerging markets, particularly in Kenya and other African countries, as global capital shifts from developed markets. This trend is driven by attractive yields, improving credit quality, and the need for diversification.

• The report, Global Market Outlook 2026, highlights a preference for emerging market bonds (both US dollar and local currency) which are expected to outperform Developed Market bonds in 2026.
• Paul Njoki, Head of Affluent and Wealth Management for Kenya and East Africa at Standard Chartered Bank, noted that long-term, carefully planned investments from Gulf countries, through sovereign wealth funds, are offering "useful lessons for Africa."
• An anticipated easing of global monetary policy and potential US dollar weakness are expected to support capital inflows into markets like Kenya, boosting commodity prices and enhancing returns on non-US assets.