Nairobi Securities Exchange plans dedicated tech board to lure startups
- Nairobi Securities Exchange is planning a dedicated technology board to attract VC-backed startups.
- NSE aims to change the perception of being a platform solely for blue-chip companies.
- The Ibuka program, launched in 2018, aimed to help small firms prepare for public listings but saw slow uptake.
The establishment of a dedicated technology board at the NSE is a strategic move that could significantly enhance the visibility and accessibility of tech startups in Kenya. However, the success of this initiative will depend on effective marketing and support for these companies to ensure they are ready for public investment. Engaging young, digitally savvy investors will be crucial for the NSE to achieve its goals.
