Omran: ASEA Conference Seeks Linking Some African Stock Exchanges

Mohamed Omran, chairman of the Egyptian Exchange, said the African markets have many investment opportunities for all companies who wish to invest and expand in Africa.

Omran affirmed the importance and strength of the African markets by saying that volume of capitals in Africa reached US$ 3 billion. He added that these markets succeeded in achieving high growth rates as compared to other stock markets.

He affirmed that the goal of the African Securities Exchanges Association (ASEA) conference is to send a message to the financial institutions and other markets in Africa about the growth rates and available resources, which represent a positive factor toward bolstering any investment.

He spelled out that the census, which reaches one billion people, is an additional factor in supporting the success of any financial investments. So it has to make use of those resources to achieve the utmost advantage.

The coming period will witness  numerous talks in order to develop the mechanism of trading in the African markets, in addition to discussing the possibility of linking some African bourses.