18-07-2025
- Business
- Fashion Value Chain
CareEdge, NSE Partner to Advance African Capital Markets
CareEdge Global IFSC Ltd, a subsidiary of CareEdge Ratings, has formalized a strategic Memorandum of Understanding (MoU) with the Nairobi Securities Exchange (NSE) to support capital market advancement in Africa. This alliance will enable deep collaboration in knowledge exchange, capacity development, and analytical insights, aimed at fostering innovation, strengthening investor confidence, and supporting financial inclusion.
As part of the MoU, CareEdge Global will operate as a Knowledge Partner, Rating Partner, and Strategic Collaborator to NSE. The collaboration includes co-hosted events, expert panels, training programs, and global delegation participation designed to enhance transparency and market maturity.
Mehul Pandya, MD & Group CEO of CareEdge, said, 'This milestone partnership allows us to extend our analytical capabilities to support African capital market growth, enabling innovation and building resilient systems.'
NSE CEO Frank Lloyd Mwiti highlighted, 'This collaboration strengthens our market intelligence and aligns with our goal to position Nairobi as a leading financial hub in Africa.'
Revati Kasture, CEO, CareEdge Global IFSC Ltd, added, 'This partnership empowers institutions through strategic insight and value-driven collaboration.'
Saurav Chatterjee, CEO, CareEdge Ratings Africa, noted, 'As we expand our Africa presence, this alliance becomes a critical step toward analytics-driven market development and reform.'
Aakash Jain, Head of Corporate Affairs, CareEdge Ratings, stated, 'This initiative exemplifies CareEdge's commitment to global partnerships through meaningful engagement in data and policy.'
David Wainaina, Head of Trading & Analytics at NSE, remarked, 'The partnership will elevate our analytics infrastructure, enabling smarter trading and data-led decision-making.'
The MoU underscores mutual goals of market integration between India and Africa, promoting research-led frameworks, policy dialogues, and economic development through informed collaboration.
