NSE, NCCK Sign Strategic Partnership to Expand Financial Inclusion
NAIROBI, Kenya, June 15 – The Nairobi Securities Exchange Plc (NSE) and the National Council of Churches of Kenya (NCCK) have signed a Memorandum of Understanding (MoU) establishing a formal framework to expand access to capital markets, strengthen financial literacy and enhance institutional capacity across the NCCK network.
Through the partnership, the NSE and NCCK will collaborate to deliver high-impact financial education programmes, institutional empowerment initiatives, governance training, leadership development and market integration opportunities.
The tailored financial literacy programmes anticipated under this partnership will cover personal finance management, savings and investments, retirement planning, entrepreneurship, ethical investing and long-term wealth creation.
These initiatives are designed to enhance financial resilience, promote informed financial decision-making and support sustainable economic empowerment among individuals, institutions and communities.
The signing of the MOU is in line with the Mission of the NCCK, which is “holistic transformation of lives for a just, resilient and sustainable society” and that of the NSE which is “Unleashing Africa’s potential through innovative capital markets solutions powered by People, Partnerships and Technology.”
The partnership will therefore target to reach and train churches, educational institutions, SACCOs, welfare groups, healthcare facilities and community-based organizations.
The partnership marks a significant step towards broadening participation in Kenya’s capital markets while advancing inclusive economic growth and long-term financial well-being for households and institutions served by the NCCK network.
Speaking during the signing ceremony, Frank Mwiti, Chief Executive Officer of the NSE, said: “This partnership with NCCK represents a significant milestone in our efforts to democratize access to Kenya’s capital markets and empower communities through financial knowledge and opportunity”.
“Faith-based institutions play a vital role in shaping social and economic outcomes across the country, and through this collaboration, we aim to equip individuals and institutions with the skills, confidence and access needed to build sustainable wealth and strengthen financial resilience.”
Rev. Canon Chris Kinyanjui, General Secretary of the National Council of Churches of Kenya (NCCK), said: “This partnership reflects our commitment to empowering our members and institutions not only spiritually and socially, but also economically”.
“By collaborating with the NSE, we are building the capacities of our churches, schools, SACCOs, welfare groups and congregants to gain valuable financial knowledge, strengthen governance practices and access investment opportunities that can contribute to transformed lives and sustainable societies.”
