The Nairobi Securities Exchange Plc (NSE), East Africa’s largest securities exchange, has entered into a multi-year partnership with InfoTech Group to modernize its core market infrastructure. The engagement marks a significant milestone in the evolution of Kenya’s capital markets and reinforces NSE’s position as a regional anchor for capital formation, investor participation, and fintech innovation.
The agreement will see the deployment of a fully integrated suite of capital markets platforms: Capizar® ATS (Automated Trading System), Capizar® MSS (Market Surveillance System), and Capizar® CDS (Clearing & Depository System). The programme is scheduled for delivery within nine months, reflecting an accelerated implementation approach aligned with NSE’s strategic priorities.
The new infrastructure is designed to support deepening market activity, strengthen transparency, and meet evolving regulatory and investor expectations, providing NSE with a resilient and scalable platform on which to build the next chapter of its market.
Drawing on more than two decades of delivering trading and post-trade infrastructure to exchanges, central depositories, and regulators across Asia, Africa, and the Middle East, InfoTech Group brings deep institutional experience to the engagement. The Capizar® platform is in production across multiple jurisdictions and has been continuously evolved over successive market cycles to meet the requirements of modern, increasingly digital marketplaces.
The partnership also reflects a broader shift in how market infrastructure programmes are being approached across emerging and frontier markets — moving beyond transactional technology deployments toward long-term, collaborative engagements focused on knowledge transfer, local capacity building, and sustained market development.
With increasing investor participation, accelerating digital transformation, and rising economic prominence, East Africa’s “Silicon Savannah” has emerged as one of the most consequential frontiers for global capital markets — a region whose ambitions warrant infrastructure built for both today’s requirements and tomorrow’s opportunities.
Speaking during the signing ceremony, Mr. Frank Mwiti, Chief Executive Officer, Nairobi Securities Exchange, commented: “We are delighted to officially commence the NSE Core Infrastructure Upgrade Programme, a transformational initiative that forms a key pillar of the NSE 2025–2029 Strategic Plan. This upgrade marks a significant milestone in our journey to build a more modern, resilient, efficient, and globally competitive exchange.
The enhanced infrastructure will strengthen the NSE’s capacity to deliver world-class technology solutions to issuers, investors, and other market participants, while also supporting greater market accessibility, operational efficiency, and product innovation. As capital markets continue to evolve rapidly, investing in robust and future-ready infrastructure is critical to ensuring that the NSE remains at the forefront of financial market development in the region.”
Mr. Naseer Ahmad Akhtar, President & CEO, InfoTech Group, added:
“We are honoured to be entrusted with this mandate by the NSE. NSE has earned its standing as the anchor of East Africa’s capital markets, and we approach this engagement with the seriousness that responsibility deserves. Over more than two decades of work alongside exchanges and regulators across multiple continents, we have learnt that enduring market infrastructure is not built through technology alone — it is built through partnership, local capacity, and a shared commitment to the long term. That is the spirit in which we begin this journey, and we are grateful for the confidence that NSE and its stakeholders have placed in us.”
The NSE programme reinforces a shared ambition between the two institutions: to build a transparent, resilient, and globally competitive capital market that serves Kenyan and regional investors for decades to come.
