BY CAROLINE AMOSUN
The Nigerian Exchange Limited is set to host capital market stakeholders to African Exchanges Linkage Project webinar tagged “Exchange Linkage Project – facilitating Trades across borders.
The Webinar, which will be held on Wednesday, June 14, 2023, is designed to provide market operators, investors and other stakeholders with an overview of AELP, its origin and objective, expectations and its benefits to the market.
The event, which is supported by Chapel Hill Denham Securities Limited, Central Securities Clearing System Plc, Cordros Securities Limited, and Stanbic IBTC Stockbrokers Limited, is also expected to provide insight into Pan African Payment and Settlement Systems integration with AELP, and other cross-border transaction requirements, including ongoing engagement to resolve cross-border trade settlement issues.
The African Exchanges Linkage Project is a flagship project of the African Securities Exchanges Association supported by the African Development Bank to facilitate cross-border trading of securities in Africa.
The Phase 1 has facilitated connectivity between the seven participating Exchanges: Bourse Régionale des Valeurs Mobilières (BRVM, integrating eight West African markets), Casablanca Stock Exchange (CSE), Egyptian Exchange (EGX), Johannesburg Stock Exchange (JSE), Nairobi Securities Exchange (NSE), Nigerian Exchange (NGX) and Stock Exchange of Mauritius (SEM) to create linkages across the various markets.
Speakers at the proposed event include Chief Executive Officer, NGX, Temi Popoola; President, ASEA and Chief Executive Officer, Botswana Stock Exchange, Thapelo Tsheole; Director General, Securities and Exchange Commission, Lamido Yuguda; Chief Executive Officer, NGX Regulation Limited, Ms. Tinuade Awe; Chief Executive Officer, CSCS, Haruna Jalo-Waziri.
