Zimbabwe: Growth Enterprises Market SME Listing Platform
This Pathfinder Initiative was initiated by EcoCash, whose CEO is a Task Force member, with contributions from the New York based stock exchange, IEX, whose CEO is also a member of the Task Force, and UNCDF.
Zimbabwe’s leading payments platform, EcoCash, has designed and piloted a world-first stock exchange that draws on payments data to provide robust due diligence and credit ratings for prospective listings. It provides a much needed debt and equity financing window for Zimbabwean SMEs operating in difficult economic conditions.
To date around 300 companies, including federated groups in agriculture, have been preselected for due diligence towards listing and over two dozen have been successfully listed to date.
How does this pathfinder initiative exemplify the Task Force’s recommendations?
SDGs
Link to analysis and recommendations
Empowers citizens to invest in local businesses
Unlocks financing to SMEs through innovative, data-driven products
Deepens digital financing ecosystem in Zimbabw
SDGs
Link to analysis and recommendations
Empowers citizens to invest in local businesses
Unlocks financing to SMEs through innovative, data-driven products
This Pathfinder Initiative was initiated by EcoCash, whose CEO is a Task Force member, with contributions from the New York based stock exchange, IEX, whose CEO is also a member of the Task Force, and UNCDF.
Zimbabwe’s leading payments platform, EcoCash, has designed and piloted a world-first stock exchange that draws on payments data to provide robust due diligence and credit ratings for prospective listings. It provides a much needed debt and equity financing window for Zimbabwean SMEs operating in difficult economic conditions.
To date around 300 companies, including federated groups in agriculture, have been preselected for due diligence towards listing and over two dozen have been successfully listed to date.
How does this pathfinder initiative exemplify the Task Force’s recommendations?
SDGs
Link to analysis and recommendations
Empowers citizens to invest in local businesses
Unlocks financing to SMEs through innovative, data-driven products
Deepens digital financing ecosystem in Zimbabw
SDGs
Link to analysis and recommendations
Empowers citizens to invest in local businesses
Unlocks financing to SMEs through innovative, data-driven products
