The Principal Secretary of the State Department for Diaspora Affairs, Roseline K. Njogu has engaged in a productive consultative meeting with Ugas Sheikh Mohammed, Chairman of Kenya’s Capital Markets Authority (CMA), and CEO Wyckliffe Shamiah.
The discussions primarily centered around forging collaboration between the two entities to enhance awareness among the Kenyan Diaspora regarding investment opportunities within the Capital Markets.
The conversation encompassed diverse topics, such as the provision of tailor-made educational materials from CMA, aimed at empowering the diaspora to make informed investment decisions.
The potential for joint efforts in developing diaspora-specific investments under the commodities exchange was also explored.
Both parties also acknowledged the significance of safeguarding investments in the capital markets against fraudulent activities and exploitation by middlemen.
The regulatory body assured that appropriate measures have been implemented to protect the interests of the unsuspecting Diaspora Community.
This strategic dialogue signifies a promising step towards fostering stronger ties between the State Department for Diaspora Affairs and the Capital Markets Authority, with a shared vision to enable the Kenyan diaspora to engage confidently in the country’s investment landscape.