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OTC Securities Exchange in Kenya

IATI Identifier: KE-RCO-155081-OTCSecuritiesExchangeKenya

Published on IATI
  • date_range Jan 18, 2018 - Mar 31, 2023
  • autorenew Implementation (Status)

This programme seeks to provide technical assistance for the formation of OTC Securities Exchange in Kenya: • Support the structure and model of the OTC Securities Exchange. Involves setting up a project steering committee, hiring a project manager, design of a business plan and development of the OTC rules. • Mobilization of capital for the exchange • Registration and licensing of the OTC Securities Exchange. Involves the incorporation of the exchange and setting up governance and shareholding structure, membership subscription, organisation structure, management team, location and facilities. • Operationalisation of the exchange which will see development and institutional capacity strengthening of the newly established exchange. Identification and lobbying the removal of regulatory obstacles which impede the participation of investors in the market.

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Sectors:
  • Financial policy and administrative management

Participating Organisations

UK - Foreign, Commonwealth and Development Office Government Funding
FSD Africa International NGO Accountable
EABX Private Sector Implementing

Transaction

Transaction Value Provider
Receiver
Type Date
389,006 GBP Provider N/A Receiver N/A Expenditure
date_range Dec 01, 2022

Budget

337,052 USD
  • 250,000 GBP (Valued at Jan 03, 2022)
    date_range Jan 03, 2022 - Dec 01, 2022
access_time Updated on Aug 08, 2023 13:21:01