Regulatory Alerts2019-12-19
Capital Markets – a Source of Patient Capital for Business Expansion and Debt Refinancing
The Capital Markets Authority emphasizes that African businesses must adopt sound corporate governance practices to access the vast global pool of patient capital available for expansion and debt refinancing. The document highlights that while affordability of long-term capital is a challenge, businesses' readiness to comply with professional management standards remains the primary constraint to securing market-based financing. It urges entrepreneurs to improve compliance and investors to adopt a long-term outlook to unlock domestic company potential and facilitate effective participation in regional trade.
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