NSE, ASEA Host 5th BAFMarkets Seminar

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The Nigerian Stock Exchange (NSE) and
African Securities Exchanges Association
(ASEA) would co-host the 5th Building African
Financial Markets (BAFM) seminar.
The seminar holding for the firs time outside
South Africa, is tagged – ‘Addressing
Liquidity Concerns in African Capital Market’
and would be held between April 28 and 29
while the ASEA Executive Board meeting holds
on the 30th of next month.

CEO, Nigerian Exchange and President
ASEA, Oscar Onyema said, the BAFM seminar
was designed to promote growth in African
financial markets; it also presents an
opportunity for participants to enhance their
capacity, create an opportunity for them to
interact and also be able compete effectively
at the global stage.
“The seminar aims to accelerate dialogue,
capacity building and collaboration among
participants to drive the growth of Africa’s
capital markets, build collaboration on issues
of shared interest in order to present the
African continent as an attractive investment
destination”, he said.
He further said that, “As African economies
re-position themselves following the
significant impact of global headwinds that
have challenged the continent’s growth
prospects, African securities exchanges must
step up their efforts at driving liquidity in their
markets in order to help finance the
continent’s infrastructure and capital
requirements.”
He said, “Initiatives such as this, forms an
integral part of the continued development of
sustainable economies within the continent
bearing in mind peculiar strengths that we
could leverage individually and collectively as
we press forward.”
The Seminar would feature leaders of thought
from dominant African financial institutions,
multilateral organisations and regulators that
would moderate discussions on the various
topics such as: Strengthening equity market
structure in Africa to better address low
liquidity.
Instituting an optimal pricing mechanism on
African exchanges; Cross border capital
market integration – a catalyst for boosting
liquidity on African Stock Exchanges, are
some of the other topics to be treated.

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