Nigerian Trade Crew Plc (NGX Crew) and its companions are strengthening cross-border funding collaboration amongst African capital markets thru engagements in Egypt and Ethiopia related to the Dangote Petroleum Refinery and Petrochemicals FZE be offering.
In step with knowledge provided through NGX Crew, the engagements came about in Cairo and Addis Ababa on Thursday, October 15, 2026.
The discussions excited about how marketplace infrastructure and institutional partnerships may just toughen funding get entry to around the continent and mobilise African capital for commercial construction.
NGX Deepens Go-Border Funding
The engagements had been hosted in Cairo through the Egyptian Trade (EGX), in collaboration with the African Export-Import Financial institution (Afreximbank), and in Addis Ababa through the Ethiopian Securities Trade (ESX).
They introduced in combination alternate leaders, monetary establishments and different capital marketplace stakeholders to discover sensible approaches to bettering marketplace connectivity, broadening investor participation and mobilising African capital for productive funding.
Temi Popoola, Crew Managing Director and Leader Govt Officer of NGX Crew, highlighted longstanding structural obstacles that restrict funding flows throughout African markets.
He famous that the continent has really extensive swimming pools of institutional capital, however more potent marketplace infrastructure and cooperation are had to attach those assets with funding alternatives throughout nationwide borders.
- Popoola stated: “Africa has really extensive capital inside its personal markets, specifically throughout pension price range and insurance coverage corporations. The problem is find out how to attach that capital to funding alternatives around the continent.
- “The Dangote Refinery be offering supplies a sensible alternative to handle one of the crucial infrastructure obstacles to cross-border funding. Past a unmarried transaction, it’s about growing connections that permit African capital to finance African expansion.”
Aliko Dangote, President and Leader Govt of Dangote Industries Restricted, described the refinery for instance of the dimensions of commercial funding required to make stronger Africa’s productive capability, cut back dependence on imports and reinforce long-term financial expansion. He additionally counseled NGX Crew for bringing African exchanges in combination across the initiative and said the collaborating exchanges for his or her collaboration.
NGX Crew Chairman Alhaji (Dr.) Umaru Kwairanga wired the will for sustained institutional cooperation and marketplace infrastructure that makes cross-border funding extra out there and environment friendly.
- “Our job isn’t merely to collaborate round one be offering, however to broaden lasting partnerships that reinforce cross-border funding and capital formation throughout Africa. This calls for cooperation amongst exchanges, regulators, monetary establishments and companies, along funding within the infrastructure and era that make participation extra out there,” Kwairanga stated.
African Exchanges Discover Funding Channels
On the Cairo engagement, Omar Radwan, Govt Chairman of EGX, highlighted the possibility of tools reminiscent of Egyptian Depositary Receipts (EDRs) to offer a channel in which Egyptian buyers may just get entry to decided on African companies. He expressed EGX’s readiness to paintings with Dangote Industries to discover a conceivable framework for such an association.
Dr. George Elombi, President and Chairman of Afreximbank, reaffirmed the financial institution’s longstanding financing dating with Dangote Industries and its dedication to supporting African commercial construction. He highlighted the significance of mobilising African funding against enterprises able to contributing to the continent’s financial transformation.
In Addis Ababa, discussions excited about increasing funding alternatives for Ethiopian buyers and strengthening Ethiopia’s participation in Africa’s evolving capital marketplace panorama.
Yodit Kassa, Leader Govt Officer of ESX, welcomed the engagement, noting its importance for Ethiopian buyers and the rustic’s rising capital marketplace.
- “The Dangote Petroleum Refinery be offering represents crucial alternative for Ethiopian buyers to take part within the expansion of one among Africa’s main commercial enterprises. It additionally displays the rising self assurance in Ethiopia’s capital marketplace and our readiness to paintings with main establishments around the continent,” Kassa stated.
The discussions additionally highlighted sensible necessities for cross-border participation, together with regulatory popularity, distribution, investor verification, agreement, custody and get entry to to dependable knowledge.
The be offering supplies a chance for exchanges, regulators, intermediaries and monetary era platforms to handle those concerns and discover workable answers inside their respective regulatory frameworks.
NGX Crew stated it remained dedicated to running with spouse exchanges and monetary establishments to make stronger marketplace infrastructure, extend cross-border funding get entry to and advance collaboration amongst African capital markets.
What you must know
Previous in October 2026, NGX Crew and the Nairobi Securities Trade (NSE) complex efforts to deepen cross-border collaboration, as Nigerian and Kenyan marketplace stakeholders met in Nairobi to discover tactics to make stronger connections between their markets and throughout Africa.
- Talking at a high-level investor engagement hosted through NSE for the Dangote Petroleum Refinery IPO, Aliko Dangote counseled Kwairanga and Popoola for his or her function in advancing collaboration amongst African capital-market establishments.
- Dangote stated more potent cooperation amongst African exchanges may just create alternatives for firms to get entry to capital throughout a couple of African markets fairly than restricting their capital-market presence to their house nations.
- He cited the deliberate Dangote refinery in Mokowe-Lamu for instance of the alternatives that would emerge from more potent integration, suggesting that businesses working around the continent must be capable of believe listings in multiple African marketplace.
The most recent engagements in Cairo and Addis Ababa lengthen the initiative to further markets, with discussions excited about sensible tactics to glue buyers with companies and channel African financial savings into productive enterprises around the continent.