On the sidelines of the 5th Conference of the Technical Committee on Economics, Monetary Affairs, Finance, Economic Planning and Integration of the African Union, the AU Commission and ASEA signed a Memorandum of Understanding, Thursday, July 21, 2022 in Lusaka, ZAMBIA.
The purpose of this Memorandum of Understanding is to facilitate cooperation between the two parties for better coordination of the development of capital markets on the continent. It should also allow for information sharing and a more strategic approach to the integration and competitiveness of the African financial sector.
This agreement is also an important pillar in the interconnection of African capital markets and should enable African stock exchanges to be closer to the continent’s public authorities for more effective market advocacy.
For Dr Edoh Kossi AMENOUNVE, President of ASEA Through this rapprochement with the African Union Commission, ASEA opens a new page in its history and reaffirms its Pan-African vocation. It is now among the African Union’s privileged partners in the implementation of its 2063 agenda for sustainable socio-economic development of our continent.»
The ASEA Executive Committee was represented on this occasion by Ms Priscilla SAMPA, Managing Director of the Lusaka Stock Exchange.