KoTDA Shows Interest in Partnering with Nairobi Securities Exchange

In a recent meeting, Konza Technopolis Development Authority’s Chief Executive Officer, John Tanui has shown keen interest in partnering with the Nairobi Securities Exchange to help connect various tech startups to grow.

“KoTDA is focusing on creating partnerships that will help Kenyan tech start-up companies to grow into global entities. This is in line with the Knowledge Economy and Innovation pillar of KoTDA’s second strategic plan (2021-2025) which seeks to Convene, Connect and Catalyze a conducive environment for technology start-ups and SMEs to thrive and scale in partnership with other actors in the Innovation Ecosystem. We look forward to more engagement with the NSE to help achieve this strategic objective.”

Real Estate Investment Trusts (REITS) are among the funding models KoTDA is considering to tap into as we engage the NSE. Our aim is to ensure that at least 90 percent of the investment in Konza Technopolis is derived from the private sector.”

John Tanui, Chief Executive Officer, KoTDA

“Kenya is currently considered a frontier market. For Kenya’s economy to leap forward into the emerging market status, we need to create more investment opportunities that will attract global investors to Kenya. As one of Kenya’s flagship economic projects under the Kenya Vision 2030, Konza Technopolis has what it takes to grow Kenya’s economy and position it for more Foreign Direct Investment.”

Mr. Kiprono Kittony, Chairman, NSE