African stock exchanges linkage project to bolster trade

The introduction of the African Exchanges Linkage Project ( AELP) online platform is expected to integrate the African capital markets by facilitating cross- border trading and free movement of investments on the continent through the AELP Link platform.

The interconnectivity platform which went live on Friday last week enables the trading of exchange- listed securities across seven participating securities exchanges.

ASEA President Dr. Edoh Kossi Amenounve said the go- live of the AELP Link is a great milestone towards achieving ASEA’s mission to engage African capital market ecosystems in order to foster capital mobilization, promote sustainability, and enhance financial inclusion for the benefit of Africa’s economic development. “Trading infrastructure harmonization through the Link is expected to ease existing trading processes and potentially reduce the cost of trading across African capital markets. I therefore congratulate all the participating exchanges and the respective brokers for being front- runners in this great pan- African integration initiative”.