BlackRock, the world’s leading asset manager with a market cap of Ksh16 trillion, has identified Kenyan stocks as the best-performing globally. 

According to  Bloomberg, on April 4, Kenyan stocks were seen to have had a change of fortunes in the first three months of 2024. 

While speaking in Ghana on Wednesday, April 3, President William Ruto revealed how Blackrock, with a market cap of Ksh16 trillion and assets worth USD10 trillion, did not choose to invest in Kenya by accident. 

After a four-year break, BlackRock, one of the biggest asset management companies in the world, has returned to the Nairobi Securities Exchange (NSE), marking a significant victory for the Kenyan exchange that is rebounding from its worst year ever.