The Nigerian Exchange Group has convened top executives of major African stock exchanges in Lagos for a high-level strategic session aimed at accelerating cross-border listings and deepening regional capital market integration.
The closed-door meeting, led by Group Managing Director/CEO Temi Popoola, brought together key stakeholders from across the African Securities Exchanges Association ecosystem.
Participating exchanges included the Johannesburg Stock Exchange, Ghana Stock Exchange, Nairobi Securities Exchange, Ethiopian Securities Exchange, and the Bourse Régionale des Valeurs Mobilières.
The session featured Africa’s richest businessman, Aliko Dangote, alongside the Director-General of the Securities and Exchange Commission Nigeria, Dr. Emomotimi Agama.
Discussions focused on unlocking large-scale capital market opportunities and enabling companies to raise funds across multiple African markets simultaneously.
Central to the talks was the push to simplify cross-border capital raising, allowing both institutional and retail investors to participate in offerings regardless of their country of residence.
Exchanges are expected to play a coordination role, improving investor access and market connectivity, while issuers and their advisers handle execution.
The engagement is also linked to preparations for major upcoming listings, including the anticipated public offering of the Dangote Refinery, which is expected to attract multi-market participation across Africa.
Market analysts view the meeting as a significant step toward harmonizing African capital markets, strengthening intra-African investment flows, and building the infrastructure required to support large, cross-border transactions.
Source: Nairametrics
