monde50 %Kenya to float 50% stake of Quickmart, its second-largest supermarket chain

Kenya to float 50% stake of Quickmart, its second-largest supermarket chain

Quickmart, Kenya's second-largest supermarket chain, will sell 50% of its stake on the Nairobi Securities Exchange.

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The fact

The move allows its main private-equity backer to partially exit.

This IPO could boost the local stock market and attract foreign investors.

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Auto-synthesis from 1 media source · identified on September 24, 2026