Business & Economy3 stories from 1 sources
Kenyan corporates are being urged to increase their strategic investment in local startups to address a widening funding gap, as highlighted in a new Corporate Venture Capital report. In a related development, Sycamore Capital Limited's Cashlet App has received approval from the Capital Markets Authority (CMA) to connect retail investors with licensed fund managers for investments in Collective Investment Schemes (CIS). Meanwhile, leading Kenyan banks and insurers have pledged increased support for climate-smart financing for the nation's building sector. This commitment to sustainable financing was made during a high-level forum in Nairobi and is considered crucial for infrastructure protection and green job creation.