ESMIDEfficient Securities Markets Institutional Development
References in periodicals archive ?
In Africa, the ESMID program works in Kenya, Uganda, Tanzania, Rwanda, and Nigeria, where it helps simplify procedures for issuing and trading bonds; builds capacity of market participants; and spread the concept of securities markets regionally.
In 2010, ESMID supported the first local currency bond issue by a microfinance institution - PRIDE Tanzania.
ESMID s work with local authorities has developed a framework for regional bond issues in East Africa and helped shorten the approval process for new bond issues in Tanzania from about 270 days to 60 days.