Africa ETP News
you are currently viewing::National stock exchange launched in SomaliaJune 26, 2025-The National Securities Exchange of Somalia (NSES) held its formal launch on 19 June 2025, according to this report on Xinhua. A coalition of local investors and financial experts established the exchange and it will start by operating as a private, self-regulatory organization, according to a statement issued in Mogadishu. The Central Bank of Somalia has pledged full technical support with the aim of ensuring international best practices are followed. The NSES feed on X reports H.E. Hassan Sheik Mohamud, President of Somalia, saying: "Somalia is open for business and is open for everyone. Somalia has started launching its Stock Exchange which we hope soon there will be a market whereby the Somali people and our international partners can buy and sell the shares of their companies. That is the new Somalia in the horizon". Source: africancapitalmarketsnews.com |
Africa's Debt Crisis Under-Reported-AFRODAD
March 30, 2025-AFRICAN Forum and Network on Debt and Development (AFRODAD) Executive Director Jason Braganza has expressed concern over how challenges arising from debt servicing to international monetary facilities by African countries are going unreported due to lack of information and statistics among other challenges.
