The Group CEO of the Nigerian Exchange Group Plc (NGX Group), Temi Popoola, has called for a stronger regional collaboration, government-private sector synergy and innovative market solutions to unlock Africa’s economic potential.
He spoke at the launch of the Ethiopian Securities Exchange (ESX) in Addis Ababa.
Expounding on NGX Group’s investment rationale, Popoola highlighted Ethiopia’s immense market potential and the shared vision of fostering economic growth through innovation.
Drawing from NGX Group’s six decades of experience, Popoola shared insights on diversifying financial instruments and expanding access to investment opportunities. “With the right mix of innovation, policy support, and regional collaboration, Ethiopia’s capital market can play a transformative role in driving economic development and establish itself as a leader in Africa’s financial ecosystem,” he stated.
Prime Minister Abiy Ahmed lauded the launch of ESX as a transformative milestone in the country’s journey toward economic modernisation.
Tilahun Esmael Kassahun, CEO of the Ethiopian Securities Exchange said: “We are pleased to welcome NGX Group as a strategic partner, building upon the existing support we continue to receive from them.”