Kenyan government signs memorandum of understanding with London Stock Exchange. Photo - LSE
Kenyan government signs memorandum of understanding with London Stock Exchange. Photo - LSE

London Stock Exchange To Attract Investment For Kenya’s Energy Industry

By Peter Pedroncelli, 5:44 am

The London Stock Exchange has committed to raising capital for Kenya’s energy industry, with the first ever memorandum of understanding signed between the London bourse and the East African government. The agreement was signed by Charles Keter, Kenyan cabinet secretary for energy and petroleum, and Nikhil Rathi, chief executive officer, London Stock Exchange plc. The memorandum sets out the commitment from both sides regarding the raising of funds to benefit the country’s energy industry, through public market equity and debt listings.

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