This archive report was first published on 3 July 2021.
On July 3, 2021, the Capital Markets Authority (CMA) signed a Memorandum of Understanding (MOU) with the Kenya Private Sector Alliance (KEPSA) to support market deepening and enable SMEs to access capital market products.
According to Ms Carole Kariuki Karuga, KEPSA Chief Executive Officer, this partnership will ease the burden of SMEs in getting credible financing for their operations.
The MOU aims to support market deepening and enable SMEs to access capital market products, including long-term debt to aid in the recovery from pandemic effects.
The CMA plans to review its stringent eligibility and disclosure requirements to support small firms wishing to access the capital markets.
KEPSA and the Authority will work on several joint activities, including organizing quarterly fora to engage KEPSA members on capital market products and joint publications and research on financial markets.
