Nigerian Exchange deepens cross-border investment t across Africa
The Nigerian Exchange Group is leading engagements across Africa to advance cross-border investment, using the Dangote Refinery offer as a case study. Read More: https://punchng.com/nigerian-exchange-deepens-cross-border-investment-t-across-africa/
Nigerian Exchange Group Plc and its partners are expanding cross-border investment initiatives across African capital markets, focusing on collaborations in Cairo, Egypt, and Addis Ababa, Ethiopia. The engagements, hosted by the Egyptian Exchange and the Ethiopian Securities Exchange, aim to enhance investment access by leveraging market infrastructure and institutional partnerships.
Key figures voiced the need to overcome structural barriers limiting investment flows across the continent. Dangote Industries' Dangote Petroleum Refinery and Petrochemicals FZE offer serves as a practical case study, highlighting the potential for connecting African capital with industrial development. NGX Group's Group Managing Director, Temi Popoola, emphasized the importance of stronger market infrastructure and cooperation to facilitate investment across borders.
The initiative also underscores the role of instruments like Egyptian Depositary Receipts in connecting Egyptian investors with African businesses.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
