The Kenya Capital Markets Authority has signed a memorandum of understanding with Afri Fund Capital to expand the use of capital market products for infrastructure financing, with a focus on projects in the Lamu Port-South Sudan-Ethiopia Transport corridor. The arrangement is aimed at mobilizing private capital for bankable development projects and supporting funding for infrastructure expected to drive activity in Northern Kenya. Under the MoU, the parties identified priority workstreams including a pipeline of capital market instruments tied to market deepening, infrastructure-related products, green and environmental, social and governance labeled instruments, and collective investment vehicles. The framework is also intended to support early-stage product structuring, with attention to investor protection, disclosures, governance, eligibility and suitability. Afri Fund Capital is already pursuing initiatives to structure, mobilize and deploy private capital for projects spanning infrastructure, power generation, logistics, industrial development and Special Economic Zone-linked opportunities aligned with national and regional priorities.
Kenya Capital Markets Authority2026-03-09
Kenya Capital Markets Authority signs MoU with Afri Fund Capital to develop capital market financing for LAPSSET infrastructure
The Kenya Capital Markets Authority has signed an MoU with Afri Fund Capital to promote capital market funding for infrastructure projects, including those in the LAPSSET corridor. The partnership will focus on developing infrastructure, green and collective investment products and on structuring them with safeguards on disclosure, governance and investor protection.