The African Securities Exchanges Association (ASEA) is set to discuss “Global Crisis: Opportunities for African Capital Markets” within 2 weeks. The 13th ASEA conference will be hosted by the Nigerian Stock Exchange (NSE) from 2-5 December 2009.
The Nigerian Stock Exchange is seeking some US$33 million in capital for its fifth software upgrade and also to help finance the Sierra Leone stock exchange.
The International Finance Corporation (www.ifc.org), a member of the World Bank Group, is investing $100 million into bringing the benefits of better telecommunications to many Nigerians via Helios Towers Nigeria Ltd.
The Nairobi Stock Exchange (NSE) has readvertised its request for IT vendors to express their interest in providing a Broker Back Office (BBO) system to handle administration and client accounts for its 18 active and licensed stockbroking members. The closing date is 27 October.
Emerging Capital Partners (ECP) announced on 22 September it has committed $25 million to Wananchi Group Holdings
US$8 billion was invested in developing Information and Communications Technology (ICT) in Africa in 2008, according to the Secretary-General of International Telecommunications Union (ITU).
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