NSE admits Fincredit into Ibuka growth program
Through the admission, NSE said the firm will gain access to capital markets and position itself for sustainable long-term growth. Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Nairobi Securities Exchange (NSE) has admitted Fincredit SEZ Limited into its Ibuka Programme, an incubator platform aimed at helping small and medium-sized enterprises scale and prepare for listing on the stock exchange.
- Fincredit SEZ Limited, formerly AAR Credit Services Ltd, is a credit-only microfinance institution operating in Kenya, Uganda, and Liberia.
- This admission will provide Fincredit access to capital markets and strategic guidance for sustainable growth and potential capital raising through the NSE.
- The Ibuka Programme, launched in 2018, consists of an Incubator Board for evaluation and an Accelerator Board for capital raising advisory.
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Trident Insurance clients to receive compensation payouts after collapse - April 2026
The Policyholders Compensation Fund began paying out compensation to clients of Trident Insurance Company Limited following its collapse, providing relief to hundreds of customers affected by the insurer's failure. SIC Investment Co-operative is facing crippling losses of up to Sh2 billion due to years of mismanagement and fraudulent practices, leaving thousands of members and customers facing significant financial distress. The Nairobi Securities Exchange admitted Fincredit SEZ Limited into its Ibuka Programme, an incubator platform aimed at helping small and medium-sized enterprises scale and prepare for listing on the stock exchange.
