The NSE plans to launch East Africa’s first Exchange-Traded Fund (ETF) focused on artificial intelligence before the end of 2026.
NSE CEO Frank Mwiti said the product will track a basket of companies with significant exposure to AI, giving investors access to the sector through a single listed investment.
The move is part of efforts to broaden investment options on the local capital market and attract more retail and institutional investors.
The ETF is expected to offer exposure to global technology themes such as semiconductors, cloud computing, data infrastructure and generative AI. Its success will depend on investor demand, liquidity, pricing and the performance of the underlying AI companies, while concerns over high global technology valuations remain.
