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