Kenya: Kengen Eyes More Investment After Joining MSCI Frontier Markets

Nairobi — Kenya Electricity Generating Company (KenGen) has been inducted into the Morgan Stanley Capital International (MSCI) Frontier Markets Small Cap Index.

Peter Njenga, KenGen’s Managing Director and CEO, said the induction has the potential to increase foreign direct investments for the Nairobi Securities Exchange-listed firm, highlighting its strategic importance in the global energy sector.

The investment also enhances KenGen’s visibility and attractiveness to global investors,…