BSE Promotes Indian Market Tech, Settlement Safeguards In Africa Outreach

The Bombay Stock Exchange (BSE) is open to strengthening ties with African markets through Afrinex, a Mauritius-based multi-currency and multi-asset exchange, BSE Managing Director and Chief Executive Officer Sundararaman Ramamurthy said on Tuesday.
Speaking to a delegation of international journalists on a familiarisation visit to the BSE in Mumbai, Ramamurthy said Afrinex — set up with backing from the Government of Mauritius and technology support from BSE — was intended to give African countries, including Nigeria, a channel into Indian and global markets.
“Afrinex is supposed to be the gateway for all African nations through which the continent can approach the Indian and global ...