The Central Securities Clearing System Plc, CSCS, and different stakeholders within the capital market have harped on the necessity for resilient infrastructure, inclusive progress and collaboration to unlock new frontiers of innovation throughout Africa and Center East.
The CSCS made this identified throughout a two-day African and Center East Depositories Affiliation (AMEDA) Convention 2025, hosted for the primary time in Nigeria.
Temi Popoola, the Chairman of the Board of CSCS, who recommended AMEDA’s presence in Nigeria, acknowledged: “Internet hosting AMEDA in Nigeria displays the rising affect of our capital market throughout the area. This isn’t only a second of pleasure for CSCS however a name to deepen our collaborative efforts in strengthening market infrastructure throughout borders.
“The AMEDA Convention 2025 was not solely a powerful success but additionally a catalyst for ongoing conversations round cross-border funding, market infrastructure innovation, and regulatory cooperation” he added.
Additionally commenting, Haruna Jalo-Waziri, the Vice Chairman of AMEDA and MD/CEO of CSCS, stated “Our nation is on a daring journey to develop its economic system to a $1trillion economic system. This ambition is underpinned by a capital market that should evolve in scale, sophistication and inclusiveness.
Abdulla Abdin, Chairman of AMEDA, strengthened the significance of monetary market infrastructures in supporting inclusive and innovation-driven economies, saying: “The theme of the convention displays our deepest consciousness of the speedy transformation going down within the international economic system and the function performed by the monetary market infrastructures in enabling economies to undertake innovation and obtain inclusive progress”.