Yesterday, Mr Andrew Kamau, Principal Secretary for the Ministry of Petroleum, Kenya and Harriett Baldwin MP, UK Minister of State for Africa opened trading at the London Stock Exchange and launched the inaugural Kenya Energy & Petroleum Capital Markets day.
The half-day event explored the opportunities to attract investment in Kenya’s petroleum and energy infrastructure in partnership with Nairobi Securities Exchange and sponsored by Standard Bank Group and global law firm White & Case.
Focusing on a range of topics, including: a 360 degree overview of Kenya’s oil sector, the role of capital markets in supporting President Kenyatta’s Big Four Agenda and financing Kenyan infrastructure through local currency solutions.
Among the speakers were Kenyan Ministry of Petroleum and Mining Cabinet Secretary John Munyes, Nairobi Securities Exchange CEO Geoffrey Odundo and Capital Markets Authority Kenya CEO Paul Muthaura.
Ms Baldwin said she was “thrilled to open the London Stock Exchange alongside the Principal Secretary for the State Department of Petroleum Mr Andrew Kamau.
“The UK is the largest foreign investor in Kenya & delighted to celebrate the partnership between the London Stock Exchange Group and Nairobi Securities Exchange,” she added.