3 East African countries have joined forces to implement a World Bank-funded financial project that aims to connect regional stock markets electronically. This means they can operate as a single market with a view of reducing the cost and time of trading in shares of companies listed on markets across the borders.
Trading as a single market is set to start before the end of 2020 after interconnecting the trading systems and hooking to the EAC Capital Markets Infrastructure Information Technology platform.
Source : African Markets
