Barclays Africa on Nigeria Stock Exchange next July

Barclays Africa has announced that it will join the Nigerian Stock Exchange in July as a broker, and says it has acquired a securities license as part of a plan to increase its presence in Africa’s largest economy. Where is.
“We have acquired a securities license, a brokerage license and we have already employed people to implement these licenses,” Garth Klintworth, the head of markets for Barclays Africa Group, said on Thursday. “We are studying the opportunities that exist in Côte d’Ivoire, Morocco and possibly Angola,” he said, adding that this approach aims to create access for foreign investors seeking to tap into the markets of the country. continent.
It should be noted that in recent years the Nigeria Stock Exchange, the third in Africa, has announced that it is considering the demands of the world’s leading investment banks to join its prosecution to increase foreign investment in one country. emerging markets the least sought after in the world.
As a reminder, Barclays Africa has changed its name to back the South African brand Absa after its separation from the former parent company Barclays.