ELITE, London Stock Exchange Group’s business support and capital raising programme, today announces that is has signed a Memorandum of Understanding (MoU) with Nairobi Securities Exchange and FSD Africa to explore the launch of ELITE in Kenya. 

The MoU was signed by Geoffrey Odundo, CEO, Nairobi Securities Exchange, Mark Napier, CEO, FSD Africa and David Warren, interim-CEO & CFO, LSEG. It was witnessed by His Excellency Uhuru Muigai Kenyatta, President of Kenya and Penny Mordaunt MP, Secretary of State for the Department for International Development. It outlines the organisations’ commitment to identifying and engaging key local stakeholders and ascertaining the target population of Kenyan businesses. The results will help shape the ELITE offering in Kenya and broader East African region.