Nigeria and South African stock exchanges discuss carbon market potential and linkages

In a joint statement, the Nigerian Securities and Exchange Commission (SEC), the Nigerian Exchange Group (NGX), and the Johannesburg Stock Exchange (JSE) announced a new strategic partnership towards the development of capital markets in Africa as a whole. , fostering global partnerships, and aligning with international standards—an effort aimed at promoting growth in the capital markets of both Nigeria and Africa as a whole. After a visit to the JSE, the SEC Director General Dr Emomotimi Agama emphasised the benefits of the partnership. “The learnings from this engagement with JSE, another demutualized exchange, will be instrumental to our market’s development,” says Agama in an interview with The Whistler. CEO of the JSE Dr. Leila Fourie also outlined the current opportunity for African exchanges to work together in order to attract global investment interest towards the continent.

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