< Back to all clusters
[BUSINESS] · Nigeria, Egypt, Ethiopia · 9 sources

started · updated

NGX Group wins Africa’s Best Exchange award and expands African market ties

NGX Group has been named Africa’s Best Exchange at the Euromoney Markets Awards 2026, recognizing its contributions to digital innovation, market infrastructure, and capital formation. The award follows a period of significant growth in Nigeria’s equities market, where the All-Share Index saw substantial year-to-date gains in 2026 and market capitalization reached N99.38 trillion in 2025.

In addition to its recent award, NGX Group is actively working to enhance cross-border investment connectivity across the continent. Through engagements in Cairo, Egypt, and Addis Ababa, Ethiopia, the Group is collaborating with the Egyptian Exchange and the Ethiopian Securities Exchange to explore ways to mobilize African institutional capital for industrial development.

These discussions, supported by the African Export-Import Bank, aim to address structural barriers that limit investment flows between national markets. The Group highlighted the Dangote Petroleum Refinery and Petrochemicals FZE offer as a case study for how improved market connectivity can enable African capital to finance regional growth.

Entities

African Export-Import Bank · Egyptian Exchange · NGX Group