DAR ES SALAAM — TIB Rasilimali, the capital markets subsidiary of state-owned TIB Development Bank, and brokerage Orbit Securities signed a Memorandum of Understanding covering capital raising, regulatory and corporate finance advisory, financial structuring, book building, market research and investor roadshows. They target long-term financing for government institutions, state-owned enterprises and private companies raising funds through the Dar es Salaam Stock Exchange.
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