Nile Capital Insurance Brokers has become the eighth firm to be successfully inducted into the Nairobi Securities Exchange’s (NSE) Ibuka incubation program following a rigorous evaluation and vetting process.
Nile Capital now joins other firms such as VAELL, Polygon, Myspace Properties, APTI Commodities, Globetrotters Agency, Bluenile Rolling Mills, and Moad Capital in the program that seeks to give admitted companies entrance into capital markets while guiding them to durable commercial sustainability.
According to the insurance broker’s Chief Executive Officer (CEO) Arthur Opinya, inauguration into the NSE backed programme will propel the company toward greater business opportunities and success.
“We are confident that this platform will enable us to instill good corporate governance structures and catalyze our business growth,” the CEO said when being awarded the acceptance certificate at the NSE trading floor yesterday.
On his part NSE’s CEO Geoffrey Odundo insisted that the admission of Nile Capital Insurance Brokers into the Ibuka Programme would add onto the company’s positive growth trajectory within the Kenyan market.
“This enrollment is a key milestone and will commence Nile Capital Insurance Brokers next phase of growth across its various business segments and markets,” Mr. Odundo said.
Nile Capital Insurance Brokers is a registered Insurance Intermediary, allowed to offer Insurance brokerage and risk consultancy services in the republic of Kenya. It was established in 2013 and is headquartered at Upper Hill, Nairobi.
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