Kenya: Nairobi's New Stock Exchange Yet to Lure Small, Mid-Sized Companies

Nairobi — When the Nairobi Securities Exchange (NSE) launched its Growth Enterprise Market Segment (GEMS) on January 22nd, the idea was to help Kenyan small to medium-sized enterprises (SMEs) raise capital by creating a less exclusive tier of companies trading shares on the stock market.

But to date, not a single company has listed itself on the exchange's new trading board.

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