Browsing: USE Edaala

The USE Edaala will also facilitate private companies with numerous shareholders benefits from the deficiencies provided by existing trading and depository platforms with shareholders being able to trade their shares should they wish to divest their stock and utilise portfolio management tools.

The application period for the first cohort is expected to close on December 8, after which the USE will conduct an assessment of the applicants for eligibility.

Through the new segment, companies will be able to access long term capital through private placements, access to a wider pool of domestic and international investors, flexible admission and regulatory compliance requirements, among others.

Capital is the main fuel of every business, no matter what size. However, sometimes a business can face monetary constraints and a shortage of funds. In such a scenario, business finance can help power up the enterprise.