With quarantine measures being significantly relaxed across most of the country, with only 771 active COVID-19 cases at present, economic activity has experienced a sharp rebound...
April was a quiet month in Uzbekistan, like in many parts of the rest of the world, as the quarantine in the country was extended to 10th May since the number of infections rose sharply during the month, peaking at 2,017 (bear in mind that the population of Uzbekistan is 34 mln)...
March marks the one-year anniversary of the launch of the AFC Uzbekistan Fund (AUF) on 29th March 2019...
February brought with it the beginning of earnings season for the fourth quarter of 2019. Several of the fund’s holdings reported earnings with our largest holding, Kizilqum Cement...
On 24thJanuary 2020 President Mirziyoyev gave his annual speech to parliament where he highlighted several areas of focus for the coming years as Uzbekistan continues its opening up.
2019 was an exciting year with the launch of the AFC Uzbekistan Fund on 29th March 2019 and a more than doubling in assets under management in its first nine-months.
During November a spotlight was cast on Uzbekistan’s capital markets when on 15th November the Capital Markets Development Agency (CMDA) organized an investor conference in Tashkent
On November 15 Uzbekistan’s Capital Markets Development Agency (CMDA) organised an investor conference in Tashkent which brought together over 300 participants to discuss the future outlook for the capital markets. Afterwards, the CMDA announced it would be ...
During October the government finally took notice of the need to develop Uzbekistan’s capital markets in order to ensure its opening of the economy is both transformative and sustainable.