Browsing: KDC to help SMEs

CMA in partnership with KDC for financial support for SMEs
  • The Capital Markets Authority (CMA) and the Kenya Development Corporation (KDC) have signed a new Memorandum of Understanding (MOU) 
  • The MoU will help the two parties to promote greater utilisation of the capital markets through structured financial products by corporates, including SMEs
  • It will also establish a partnership through which joint efforts in education, awareness creation, and stakeholder engagements will be executed to improve knowledge levels and uptake of financial products and services

The Capital Markets Authority (CMA) and the Kenya Development Corporation (KDC) have signed a Memorandum of Understanding (MOU) to promote greater utilisation of the capital markets through structured financial products by corporates, including SMEs.

On September 28, 2022, the two parties said that the MOU would establish a partnership through which joint efforts in education, awareness creation, and stakeholder engagements will be executed to improve knowledge levels and uptake of financial products and services.

CMA and KDC …