The Ministry of Energy and Petroleum has signed an agreement with the London stock Exchange (LSE) that will allow Kenyan and British energy firms to cross list on the UK bourse and Nairobi Securities Exchange.
The memorandum of understanding (MOU) signed yesterday in London by Energy secretary Charles Keter and LSE chief executive officer Nikhil Rathi will also make it easier for players in the local energy sector to raise funds through bond issues on the UK bourse.
