SecondSTAX, a leading technology company that is creating solutions to improve intra-Africa capital and investment transfers, recently disclosed a new partnership with the Nigerian Exchange Limited (NGX) that would allow investors from throughout Africa to invest directly in Nigeria’s capital markets.
The new partnership was formed in close collaboration with Afrinvest (West Africa) Limited, another leading investment company. The primary aim of the partnership is to offer institutional investors the opportunity to invest in Nigeria’s leading exchange and their home currencies, thereby expanding asset selection and wealth opportunities for Africans.
SecondSTAX is developing technology solutions for investment firms to facilitate capital and institutional investment flow across Africa. The platform consolidates debt and equity capital markets, enabling its clients to earn more and have easier access to opportunities. It also has partnerships with the Nairobi Securities Exchange and Ghana Stock Exchange, driving investment into these exchanges. Access to the platform is initially restricted to qualified institutional investors with minimum trade orders of USD 10,000. Over time, the restriction will be reduced to extend to other customers.
