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EAC exchanges moot plan to ease SMEs’ access to funds

Published on March 08, 2017

Regional capital markets regulators, under the umbrella of East African Securities Regulatory Authorities (EASRA), have agreed to support the establishment of a Capital Markets Advisory Centre (CMAC) to enhance access to capital for small-and-medium enterprises (SMEs).

According to a statement from EASRA, the centre is expected to provide technical support to SMEs with a view to developing a credible pipeline of entities able to access private and public market-based finance. Once established, the institution’s support is expected to focus on pre-listing, listing and post-listing support services. Read more. Source | New Times