Post by Peter Chemuigut

Excellent insights, Siobhan Franklin , and thank you for sharing such a thoughtful and practical summary. What genuinely stands out is the recognition that the real challenge isn't regulation—it's building the trust infrastructure that gives the market the confidence to participate. Equally important is the honest assessment of the demand side: below certain ticket sizes there are simply fewer buyers, while pension funds require investment-grade instruments. That reinforces the need for aggregated fund structures, credit enhancement, and ultimately a deeper retail investor base. A refreshingly candid assessment of where the market truly is today and a strong foundation for the next phase of developing East Africa's capital markets. Looking forward to seeing how these discussions translate into practical market infrastructure.