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moves money Innovation Village | Technology, Product Reviews, Business September 23, 2026

Adenia-backed Quickmart prepares NSE debut

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Kenyan supermarket chain Quickmart has announced its intention to list its shares on the Main Investment Market Segment of the Nairobi Securities Exchange (NSE). The initial public offering (IPO) marks a major transition from private equity and founder ownership toward a public free float, with private equity firm Adenia Partners retaining a substantial long-term equity stake. Share Sale and Ownership Structure Quickmart is currently wholly owned by Sokoni Retail Kenya Limited (SRKL), an investm

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