Business & Economy
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Kenya Bolsters Investor Confidence with New NSE Trading Tech and Favorable High Court Ruling
Nairobi has been ranked the third most attractive city in Africa in the Jeune Afrique 2025 African Cities Attractiveness Index, cementing its position as a regional tech and investment hub. Supporting this, a recent High Court decision in the Bruton Gold case reaffirmed that foreign companies do not need local registration to pursue legal claims, a move that reduces uncertainty for international businesses. The Nairobi Securities Exchange (NSE) is also leveraging new technology to boost foreign investment, with Absa Securities Kenya executing the first sponsored access trades. This new model allows foreign investors to directly access the NSE’s trading engine for faster execution. Additionally, Viktoria Ventures has been awarded "Angel Network of the Year 2025" at the Africa Early-Stage Investor Summit for strengthening early-stage financing across Africa.
Kenya Advances Major Energy and Agricultural Infrastructure Projects
Kenya has selected Kenya Electricity Generating Company (KenGen) to operate its first nuclear power plant, a pivotal step towards adding up to 10 gigawatts of new electricity capacity for industrial growth. In a separate energy sector development, Kenya Power has digitized its electricity connection application process, requiring all new applications to be submitted exclusively through its online platform to improve efficiency. In agriculture, the government is transforming the Galana Kulalu area into Kenya's first Agricultural Special Economic Zone (SEZ). The transformation was announced by Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe. This new SEZ is designed to boost large-scale farming and food security by attracting global agribusiness investors.
