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Build on Kenya capital markets momentum to broaden offerings

Author: Gregory WaweruPublished on: October 18, 2026Country: Kenya
Business & Economy
Build on Kenya capital markets momentum to broaden offerings

The Nairobi Securities Exchange surpassed KSh4 trillion in market capitalisation for the first time in August 2026, while its NASI index returned 26.8 percent in the first half of the year, ranking fourth globally. Local investors absorbed foreign selling, a shift partly supported by single-unit trading introduced in August 2025. Gregory Waweru, CEO of SBG Securities Kenya, cautions that Safaricom and banks account for roughly three-quarters of listed market value and calls for greater diversification. He cites exchange-traded funds as a relatively simple, low-cost way to access a range of securities, indexes or investment themes.

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