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African stock exchange interconnection platform: A unique trading instrument launched

22/11/2022
Categories: Index/Markets

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On the occasion of the start of phase 1 of trading on (AELP Link) the African stock exchange interconnection platform, stock brokerage companies active in seven African countries went online on Friday, November 18. This first phase, which currently has a total valuation of $1,495 billion for the first seven markets participating in this project.

AELP Link is a unique platform that has been set up and is now available to African stock market investors. It is the unique trading platform that opens the door to an opportunity valued at $1,495 billion at the moment. According to the African Financial Markets Association (ASEA), the author of this information, the objective is to “facilitate cross-border transactions and the free movement of capital on the continent”.

Edoh Kossi Amenounve, the current president of the said association and managing director of the Regional Securities Exchange (BRVM), believes that “the commissioning of AELP Link today is a historic step towards achieving ASEA's mission of engaging African capital market ecosystems in order to promote the mobilizing resources, promoting sustainability and strengthening financial inclusion for the economic development of Africa.”

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