Buzz Afrique makes debut in NSE’s Ibuka
Nairobi Securities Exchange (NSE) has admitted integrated marketing and communications firm, Buzz Afrique, into its incubation and growth acceleration programme, Ibuka.
Buzz Afrique joins a growing list of elite companies under the programme.
It aims at raising the number of companies listed on the bourse.
Speaking during the admission ceremony NSE chief executive Geoffrey Odundo said the programme would enable Buzz Afrique and other participating companies to establish appropriate equity value as they prepare to list their shares.
“Through the partnership, NSE will be able to link the micro, small and medium scale enterprises sectors in Kenya to investors in Shenzhen and allow capital flow on a larger scale.
“This will enable Ibuka hostee companies grow and get exposure from our counterparts in China,” he said.
Buzz Afrique CEO Samora Machel said admission to the programme would enable the company fast-track its development.
This will be done by accessing financial advisors and consultants to help structure their business, enhance visibility and get exposure among local and international investors.
“Our entry into the Ibuka programme is another milestone in the development of the company after a successful rebranding phase that was geared towards revamping our corporate identity in line with our growth strategy,” said Machel.