One of the world’s largest asset management firms BlackRock has made an investment on the Nairobi Securities Exchange (NSE) after a four-year break in a major win for the Kenyan bourse that is emerging from its worst year in history.
Kamau Thugge, the Central Bank of Kenya (CBK) governor, revealed in a meeting with bankers last week that he met representatives from the American multinational with $9.1 trillion assets under management this month after they picked Kenya among 10 economies they had selected to invest.