At the start of the second day of his Kenya visit, UK Minister for Trade, Greg Hands, opened the trading floor of the Nairobi Securities Exchange (NSE) and welcomed their work with the London Stock Exchange to support firms and investors from both countries.
The UK Minister for trade RT. Hon. Greg Hands today rang the opening bell @NSEKenya to commence trading. He emphasized the need for both the UK & Kenyan gov’t to prioritize initiatives in the finance sector for the prosperity of the economies @g_odundo @SamNKimani pic.twitter.com/JWAg17uDoR
— Waithera Ireri (@Ythera_Mwai) April 13, 2018
The Conservative MP for Chelsea and Fulham was hosted by NSE Chairman, Samuel Kimani for yesterday’s opening bell ceremony to commence trading followed by a consultative meeting to explore opportunities for collaboration with the Exchange and the UK government.
During his visit, the MP emphasised the need for both the UK and Kenyan governments to prioritize initiatives in the finance sector for the prosperity of both economies.
The UK is Kenya’s fourth leading export destination. Trade in goods and services between the two countries has grown from £500m in 2004 to £1.55B in 2017.