FG, CSCS, and Regional Leaders Rally for Stronger Market Infrastructure to Power Africa’s Economic Future
Detailed Breakdown of the Story:
At the just-concluded AMEDA 2025 Conference held in Lagos, key stakeholders including the Federal Government of Nigeria, Central Securities Clearing System Plc (CSCS), and financial leaders from across Africa and the Middle East emphasized the urgent need for stronger and more resilient financial market infrastructure. Their collective goal is to drive sustainable investments, ensure inclusive access, and transform regional economies.
Nigeria’s Vice President, Kashim Shettima, addressed the gathering virtually, noting that financial systems across the region must undergo bold transformations. He stressed the importance of making financial markets more inclusive, tech-driven, and future-ready, especially as Africa and the Middle East face rapid digital shifts and evolving economic structures.
According to Shettima, financial market infrastructures—such as depositories, clearing houses, and digital investment platforms—are essential in ensuring transparency, building trust, and unlocking long-term capital that can power national and regional development. He assured participants of the Nigerian government’s commitment to reforms and capital market development strategies that encourage public-private partnerships.
The Vice President also urged a shift from domestic-only outlooks to a more integrated regional vision for financial progress, given the continent’s shared potential in terms of demographics, policy reforms, and technological ambition.
Delivering the keynote, Aigboje Aig-Imoukhuede, Chairman of Coronation Group Limited, applauded ongoing infrastructure upgrades in the Middle East that have already opened new market frontiers. He called for stronger collaboration among members of AMEDA to enhance competitiveness and achieve greater regional impact.
Abdulla Jaffa Abdin, AMEDA Chairman, encouraged countries to leverage their collective strength to promote innovation, drive financial inclusion, and expand economic opportunities. Echoing this, AMEDA’s Vice Chairman, Haruna Jalo-Waziri, stressed the need for robust institutional frameworks, regulatory soundness, and strategic partnerships.
On his part, Dr. Imomotimi Agama, Director-General of Nigeria’s Securities and Exchange Commission (SEC), emphasized that financial market growth must go beyond size. He called for transformational development—one that mobilizes capital for infrastructure, supports climate-friendly investments, and builds investor confidence across Africa and the Middle East.
The event reinforced a shared commitment to transforming regional financial ecosystems into engines of inclusive growth and resilience for decades to come.
Detailed Breakdown of the Story:
At the just-concluded AMEDA 2025 Conference held in Lagos, key stakeholders including the Federal Government of Nigeria, Central Securities Clearing System Plc (CSCS), and financial leaders from across Africa and the Middle East emphasized the urgent need for stronger and more resilient financial market infrastructure. Their collective goal is to drive sustainable investments, ensure inclusive access, and transform regional economies.
Nigeria’s Vice President, Kashim Shettima, addressed the gathering virtually, noting that financial systems across the region must undergo bold transformations. He stressed the importance of making financial markets more inclusive, tech-driven, and future-ready, especially as Africa and the Middle East face rapid digital shifts and evolving economic structures.
According to Shettima, financial market infrastructures—such as depositories, clearing houses, and digital investment platforms—are essential in ensuring transparency, building trust, and unlocking long-term capital that can power national and regional development. He assured participants of the Nigerian government’s commitment to reforms and capital market development strategies that encourage public-private partnerships.
The Vice President also urged a shift from domestic-only outlooks to a more integrated regional vision for financial progress, given the continent’s shared potential in terms of demographics, policy reforms, and technological ambition.
Delivering the keynote, Aigboje Aig-Imoukhuede, Chairman of Coronation Group Limited, applauded ongoing infrastructure upgrades in the Middle East that have already opened new market frontiers. He called for stronger collaboration among members of AMEDA to enhance competitiveness and achieve greater regional impact.
Abdulla Jaffa Abdin, AMEDA Chairman, encouraged countries to leverage their collective strength to promote innovation, drive financial inclusion, and expand economic opportunities. Echoing this, AMEDA’s Vice Chairman, Haruna Jalo-Waziri, stressed the need for robust institutional frameworks, regulatory soundness, and strategic partnerships.
On his part, Dr. Imomotimi Agama, Director-General of Nigeria’s Securities and Exchange Commission (SEC), emphasized that financial market growth must go beyond size. He called for transformational development—one that mobilizes capital for infrastructure, supports climate-friendly investments, and builds investor confidence across Africa and the Middle East.
The event reinforced a shared commitment to transforming regional financial ecosystems into engines of inclusive growth and resilience for decades to come.