The AELP Link platform of the African Exchanges Interconnection Project (AELP) was launched on Wednesday in Abidjan, on the sidelines of the ASEA (Association of African Stock Exchanges) annual general meeting, organised in Abidjan by the regional stock market (BRVM).
The AELP aims to facilitate cross-border capital flows and investments and connect African capital markets to a global audience while enhancing the skills of capital market participants.
The first phase of the AELP will connect seven exchanges covering fourteen African countries including Morocco, Egypt, Nigeria, Kenya, Mauritius, South Africa and the West African Economic and Monetary Union (Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo).
The ceremony was attended by executives and managers of African stock exchanges, including the Casablanca Stock Exchange, the African Development Bank (AfDB), institutional investors, in addition to stock exchange firms.