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The project aims to establish the EABX OTC Exchange in Kenya, serving as both a trading platform and a market regulator to improve liquidity, transparency, and efficiency in bond, money, foreign exchange, and derivative markets. Key objectives include reducing funding costs for debt capital market issuances by supporting a credible benchmark yield curve and enhancing investor confidence in public debt. As of October 2022, the EABX CEO was onboarded, and recruitment for other key executive roles is ongoing.

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  • The project seeks to establish the EABX OTC Exchange in Kenya, which will function as both a trading platform provider and a regulator for market conduct and integrity, with the long-term goal of expanding into the East African region.
  • The intervention is designed to improve the bond market and related sectors—including money, foreign exchange, and derivative markets—by increasing liquidity, transparency, and safety, while lowering funding costs through a more credible benchmark yield curve.
  • Project implementation is organized into three work streams: exchange structure and model, registration and licensing, and operationalisation. As of March 2022, the EABX CEO has been onboarded, while the hiring of the COO, Chief Legal & Regulatory Affairs Officer, and Chief of Staff is still in progress.

Cite the original document

APA
FSD Africa (2022). OTC Securities Exchange Kenya. https://fsdafrica.org/wp-content/uploads/2025/05/Capital-Markets-OTC-Securities-Exchange-Kenya-Reviewed-by-JG.pdf
Chicago
FSD Africa. OTC Securities Exchange Kenya. 2022. https://fsdafrica.org/wp-content/uploads/2025/05/Capital-Markets-OTC-Securities-Exchange-Kenya-Reviewed-by-JG.pdf.
Wikipedia
{{cite report |author=FSD Africa |title=OTC Securities Exchange Kenya |date=October 2022 |url=https://fsdafrica.org/wp-content/uploads/2025/05/Capital-Markets-OTC-Securities-Exchange-Kenya-Reviewed-by-JG.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{fsdafrica2022otc, author = {{FSD Africa}}, title = {{OTC Securities Exchange Kenya}}, institution = {FSD Africa}, year = {2022}, month = oct, url = {https://fsdafrica.org/wp-content/uploads/2025/05/Capital-Markets-OTC-Securities-Exchange-Kenya-Reviewed-by-JG.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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