THE Zimbabwe Stock Exchange (ZSE) says the Committee of Sadc Stock Exchanges (CoSSE)’s recent partnership with FSD Africa has boosted prospects for green bond issuances in the country.
In March, CoSSE and FSD Africa — a non-profit agency setup to help build and strengthen financial markets across sub-Saharan Africa — signed a co-operation agreement to support the development of a Sadc green bond market.
According to CoSSE, the agreement will support Sadc’s 16 member countries to leverage domestic and international capital markets for investment in green projects.
ZSE chief executive Justin Bgoni said the bourse “hopes the FSD Africa programme will assist potential issuers in the country to get technical assistance on how they can implement green projects and raise funding through green bonds”.
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