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SEC partners Rwanda to accelerate African market integration

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By Peter Egwuatu

The Securities and Exchange Commission (SEC) has signed a Memorandum of Understanding (MoU) with Rwanda’s Capital Markets Authority (CMA), aimed at deepening cooperation and accelerating integration of African capital markets.

Speaking at the signing ceremony in Abuja, Director-General of SEC, Dr. Emomotimi Agama, stressed the need for greater collaboration among African markets.

“We need to cooperate in Africa, invest in each other’s markets and grow our continent. In doing so, we will build collaboration so that, as Africans, we can have a common focus and build a strong interconnection. The time is now for us to look inwards,” Agama said.

He added: “We are excited about this opportunity. We need to actively collaborate to harmonise regulations, promote cross-border listings and enhance investor protection across the continent.”

According to him, “the parties recognise the importance of cooperation in fostering confidence, innovation, market development and sound practices within their

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