Five local small and medium enterprises could in coming months be listed on the Rwanda Stock Exchange, according to officials at the agency. The firms have been found outstanding from more than 10 SMEs, which signed Memorandum of Understanding with Rwanda Stock Exchange last year. The five small and medium enterprises have showed positive signs and ability to meet the requirements as prescribed in the last consecutive meetings held by both parties, according to Celestin Rwabukumba, the Chief Executive of Rwanda Stock Exchange.
This follows a two-month campaign, dubbed “access and grow”, launched in 2018, which was organised by Rwanda Stock Exchange in partnership with Capital Market Authority and USAID targeting about 300 SMEs from all sectors of the economy as a way to enable them access long-term investment capital. Read more. Source | New Times