Kenya is steadily positioning itself as Africa’s emerging hub for green and sustainable investment after the successful listing of an oversubscribed Ksh4 billion green Real Estate Investment Trust (REIT) at the Nairobi Securities Exchange, a milestone government officials now say signals growing international confidence in the country’s investment ecosystem.

Speaking on Monday, June 29, 2026, during the listing ceremony of the TRIFIC SEZ Green USD Income REIT, Investment Promotion Principal Secretary (PS) Abubakar Hassan Abubakar said the transaction marks a major turning point in Kenya’s ambition to become the continent’s gateway for green finance and sustainable capital flows.

“This historic listing represents a significant milestone not only for TRIFIC SEZ but for Kenya’s capital markets and investment ecosystem. This is a giant leap for Kenya’s ambition to become a premier hub for green and sustainable finance in Africa,” Abubakar said.

Kenya positioning itself as green finance hub

The PS said the newly listed green USD-denominated REIT demonstrates how Kenya is creating innovative financial instruments capable of connecting both domestic and international investors to sustainable projects while solving currency risk concerns that often discourage foreign investors.

“You have created a bridge that connects domestic and international capital to domestic green assets. The successful listing reflects confidence of both local and international investors in Kenya’s investment environment,” he stated.

The listing comes barely days after the Nairobi Securities Exchange announced another major capital markets milestone after investors pumped Ksh4 billion into the newly listed fund, which achieved a 103.3 per cent subscription rate against an initial Ksh3.9 billion target.

Government promises more investor-friendly reforms

Abubakar further revealed that the government has been actively removing barriers preventing growth of REIT products, including recent tax reforms under the 2026 Finance Act.

“In the Finance Act 2026, we have removed stamp duty and capital gains tax for transfer of real estate into REIT structures. We will continue refining our tax and regulatory regime to make these structures even more attractive,” he said.

NSE milestone strengthens Kenya investment ambition

The PS said the successful transaction now sends a strong signal globally that Kenya is ready to lead Africa’s sustainable finance agenda while attracting more private capital into long-term development projects.

“Today we ring the bell for green Kenya. We ring the bell for the credibility of the Nairobi Securities Exchange as the gateway of African green assets. Let the trading begin,” Abubakar declared.

The development comes just hours after the Nairobi Securities Exchange announced that investors had pumped Ksh4 billion into the new property investment fund after the offer achieved a 103.3 per cent subscription rate, surpassing its Ksh3.9 billion target.

Earlier during the listing, NSE Chief Executive Officer Frank Mwiti said the oversubscription proved Africa does not suffer from a lack of capital but rather limited quality investment opportunities, with the latest transaction further strengthening Kenya’s growing reputation in sustainable finance.