EAC stockmarkets bank on investment clinics to woo firms, end IPO drought
A dealer at the Dar es Salaam Stock Exchange. The DSE established the Enterprise Growth Market segment in late 2013 with six companies listed so far. PHOTO | REUTERS
East African stock exchanges are racing to establish investment clinics to help attract companies to the stockmarkets and end the persistent initial public offering (IPO) drought.
The Dar es Salaam Stock Exchange (DSE) joined Nairobi Securities Exchange (NSE) and Rwanda Stock Exchange (RSE) in implementing capacity building and training programmes for small and medium-sized enterprises (SMEs) looking to gain visibility and raise capital at the stockmarket.
