SEED Ventures’ Post

🚀 “Revolutionizing Kuwait’s Financial Landscape: A New Stock Exchange for SMEs”🚀 The Kuwait Capital Markets Authority’s plan to introduce a dedicated stock exchange for SMEs marks a visionary step forward. In our partner Ghanim H Aldabbous & Head of corporate and international division latest article, he discuss the importance, key regulations, and economic impact of this initiative. He is optimistic about the potential this new exchange holds for SME’s. This initiative not only supports economic diversification but also fosters sustainable growth, reflecting Kuwait’s commitment to a robust and innovative economic future. Check out the full article to explore how this transformative move can shape our financial landscape. #Kuwait #SMEs #StockExchange #EconomicGrowth #Innovation #SustainableDevelopment #Finance #EconomicDiversification

Well said, Khalid Al Ghamdi. It's fascinating to see how equity capital markets are shaping Saudi Arabia's national economy, serving as a cornerstone for growth and innovation. Khalid’s insights highlight the path forward for enhancing their impact. A pivotal discussion for anyone interested in the future of finance and economic development. #EquityMarkets #SaudiEconomy #FinanceInnovation"

Frank Mwiti, an esteemed business leader with over two decades of diverse international experience, is set to succeed Geoffrey Odundo as the CEO of the Nairobi Securities Exchange. With a background in strategy, governance, risk management, and corporate finance, Mwiti's appointment brings a wealth of expertise to the role, signaling a new era of growth and innovation for the exchange. His strategic capabilities and exceptional track record in financial markets, both emerging and developed, position him as the ideal leader to navigate the NSE through its next phase of evolution. As Mwiti prepares to assume his role on May 2nd, the NSE will see a seamless transition under the interim leadership of David Wainaina, the current COO. Odundo's nine-year tenure has seen both challenges and successes, with efforts to attract fresh listings and enhance market liquidity. Now, with Mwiti at the helm, the NSE is poised to address these challenges head-on and drive forward its growth agenda, including overseeing the public listing phase of the government's privatization plans. #NairobiSecuritiesExchange #LeadershipTransition #FinancialMarkets #hakunamatatamedia

As the global community approaches the midpoint of what was envisioned as a decade of profound transformation, it's evident that emerging markets and developing economies (EMDEs) are grappling with persistent challenges in terms of growth and development. Projections for growth in EMDEs fall short of what's needed for meaningful progress toward the 2030 Sustainable Development Goals (SDGs), while employment levels in these regions remain below pre-pandemic benchmarks. Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in the global economy, constituting 90 percent of all businesses and nearly 70 percent of total employment worldwide, with EMDEs accounting for 40 percent of their GDP. However, MSMEs encounter formidable obstacles, particularly in accessing formal financing, with a staggering US$5.7 trillion financing gap. Informal enterprises face an additional US$2.1 trillion shortfall. Recent crises have further weakened the financial standing of MSMEs, constraining their ability to fulfill stringent lending criteria. Consequently, they experience a contraction in credit availability in EMDEs, compounded by tighter credit conditions, escalating interest rates, and reduced appetite for MSME risk among lenders. MSMEs often grapple with demanding collateral and application prerequisites, securing smaller loans at higher interest rates due to the confluence of elevated policy rates and perceived risk levels compared to larger enterprises. I am confident that my project will address these challenges by bolstering liquidity for MSMEs in emerging markets through an innovative approach known as private capital mobilization (PCM). By harnessing catalytic first-loss guarantees, the initiative seeks to incentivize local financial service providers to extend local currency financing for MSME expansion, thereby fostering economic growth and resilience in these vital sectors

🚀 “Revolutionizing Kuwait’s Financial Landscape: A New Stock Exchange for SMEs”🚀 The Kuwait Capital Markets Authority’s plan to introduce a dedicated stock exchange for SMEs marks a visionary step forward. In my latest article, I discuss the importance, key regulations, and economic impact of this initiative. I am optimistic about the potential this new exchange holds for SME’s. This initiative not only supports economic diversification but also fosters sustainable growth, reflecting Kuwait’s commitment to a robust and innovative economic future. Check out the full article to explore how this transformative move can shape our financial landscape. (1-important key regulations.-2-economy impact). #Kuwait #SMEs #StockExchange #EconomicGrowth #Innovation #SustainableDevelopment #Finance #EconomicDiversification

Pleasure indeed exchanging perspectives with Dr. Ishrat Husain in relation to our 2024 banking publication.  We spoke on a host of economic, fiscal and monetary challenges facing the country and his views on critical reforms needed for sustainable path to stability and growth. Dr. Husain emphasizes on: (1)  The need for political stability to overcome Pakistan’s economic challenges (2) Attracting investments through consistent set of forward-looking economic policies, with a time bound roadmap of medium-long term interventions (3) Priority reforms for immediate implementation including a) fiscal consolidation b) privatization of loss-making entities c) skill set alignment to demand in local and global economies (4) Rejuvenating productive sectors in both industrial and agricultural clusters to boost high value exports and accelerate import substitution (5) Changing mindset and developing skills to serve priority sectors He also underscores the criticality of SME and agriculture in Pakistan, advocating for a timely transition towards cash flow lending to significantly extend credit access beyond traditional collateral-linked financing. State Bank of Pakistan (SBP), PwC, A. F. Ferguson & Co. (a member firm of the PwC network) #banking #bankingindustry #banks #digital #management #people #innovation #technology #fintech #datascience #future #bigdata #startups #financialinclusion #mobilebanking #experience #pakistan #pwc #compliance #data #network #inclusion #bank #digitalbanking #growth #digitaltransformation #engagement #leadership #supplychain #sustainable #ceo #infrastructure

Experience two incredible panel sessions at 𝐂𝐅𝐎 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝟐𝟎𝟐𝟒 in Islamabad, where we'll explore the latest trends shaping financial growth and discuss strategies for illuminating investments. Gain valuable insights from industry leaders and experts on driving growth and resilience in dynamic environments. Don't miss these enriching discussions! Register Now: https://lnkd.in/dwKmAeq #ICAP #CAPakistan #PAIBC #CFOConference2024 #FinanceTrends #CFOs #Growth #Investments

ACI Ghana - Financial Markets Association 's strategy session on Saturday, January 20, 2024, held significant importance for the association's growth and development. The strategy session provided a dedicated platform for executives and working committees to align their vision and goals, fostering a unified understanding of the association's objectives. This alignment was crucial for effective decision-making and streamlined execution of plans, ensuring that all members are on the same page regarding the strategic direction. Moreover, the timing of the session on a Saturday allowed participants to focus without the usual day-to-day operational distractions, enabling a deep dive into strategic discussions and fostering a more comprehensive analysis of challenges and opportunities. By convening for the strategy session, ACI Ghana - Financial Markets Association demonstrated a commitment to proactively addressing the evolving needs of its members and market, positioning itself for sustained success in the future. Overall, the strategy session played a pivotal role in fortifying the organization's resilience, ensuring its strategies remain relevant and adaptable in the face of ongoing changes in the Ghanaian market. #strategicplanning #innovation #financialmarkets

Expanding access to finance for small businesses in emerging markets is central to IFC - International Finance Corporation’s mission. #MSMEs are the engines of growth, comprising more than 90% of all firms and accounting for nearly 70% of total employment. However, with an estimated financing gap of $5.7 trillion, these businesses face major barriers in accessing funding. To help fill this gap and meet growing demand, IFC has launched an innovative $4 billion financing platform to boost liquidity for financial service providers so that they can help these essential businesses grow and thrive. Learn more here: https://lnkd.in/e6tCHZQc IFC Financial Institutions | Mohamed Gouled | Adel Meer | Galina Klimenko | Yaa Boakye | Matthew Brown | Ernestine Emefa Nyavor-Foli | Ngozi Ukweni Ogagaoghene

African MSMEs need robust financial management infrastructures to access the capital they need to grow their operations. In this video, Wael Kamal, a program lead at IFC - International Finance Corporation, breaks down how IFC is providing private sector businesses in the manufacturing, agribusiness, and services sectors, including those in fragile and conflict-affected states, with the tools and know-how to implement financial management best practices that will position them for investment and growth opportunities. Henrik Elschner Pedersen, Olivier Buyoya, Dahlia Khalifa, CHEICK-OUMAR SYLLA, Mary Porter Peschka, Claudia Da Conceicao, Sarah Cruikshank Ockman, Sam Nganga