{"id":463644,"date":"2026-09-03T10:49:22","date_gmt":"2026-09-03T09:49:22","guid":{"rendered":"https:\/\/www.afis.africa\/sb_session\/panel-beyond-market-linkages-can-harmonised-listings-unlock-cross-border-liquidity-across-africa\/"},"modified":"2026-09-18T10:00:50","modified_gmt":"2026-09-18T09:00:50","slug":"panel-beyond-market-linkages-can-harmonised-listings-unlock-cross-border-liquidity-across-africa","status":"publish","type":"sb_session","link":"https:\/\/www.afis.africa\/en\/sb_session\/panel-beyond-market-linkages-can-harmonised-listings-unlock-cross-border-liquidity-across-africa\/","title":{"rendered":"Panel | Beyond market linkages: Can harmonised listings unlock cross-border liquidity across Africa?"},"content":{"rendered":"<p>Three years after launch, the African Exchanges Linkage Project (AELP) has generated just 21 transactions and 6,160 shares traded, worth $8,670 as of 1 January 2026 \u2013 a symbolic volume for a platform meant to connect a continent. Africa\u2019s stock exchanges remain fragmented, with different listing rules, disclosure standards and settlement systems limiting cross\u2011border investment and regional liquidity. Most equity and bond trading still happens domestically. As Pan-African banks, telecoms and infrastructure groups are actively looking to raise capital domestically across jurisdictions, how can stock exchanges strip away multiple listing costs and regulatory complexity?<\/p>\n<p><strong>Key points:<\/strong><\/p>\n<ul>\n<li>How far should exchanges go on mutual recognition of listings, prospectuses and corporate governance codes?<\/li>\n<li>What incentives would push major corporates and investors to treat African securities as a single integrated asset class?<\/li>\n<li>What technology and data standards are needed to link trading, clearing and central securities depositories across multiple African markets?<\/li>\n<\/ul>\n","protected":false},"featured_media":0,"template":"","evenement-salon":[250],"class_list":["post-463644","sb_session","type-sb_session","status-publish","hentry","evenement-salon-250"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Panel | Beyond market linkages: Can harmonised listings unlock cross-border liquidity across Africa? - The African Financial Summit Platform<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.afis.africa\/en\/sb_session\/panel-beyond-market-linkages-can-harmonised-listings-unlock-cross-border-liquidity-across-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Panel | Beyond market linkages: Can harmonised listings unlock cross-border liquidity across Africa? - The African Financial Summit Platform\" \/>\n<meta property=\"og:description\" content=\"Three years after launch, the African Exchanges Linkage Project (AELP) has generated just 21 transactions and 6,160 shares traded, worth $8,670 as of 1 January 2026 \u2013 a symbolic volume for a platform meant to connect a continent. Africa\u2019s stock exchanges remain fragmented, with different listing rules, disclosure standards and settlement systems limiting cross\u2011border investment [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.afis.africa\/en\/sb_session\/panel-beyond-market-linkages-can-harmonised-listings-unlock-cross-border-liquidity-across-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"The African Financial Summit Platform\" \/>\n<meta property=\"article:modified_time\" content=\"2026-09-18T09:00:50+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.afis.africa\\\/en\\\/sb_session\\\/panel-beyond-market-linkages-can-harmonised-listings-unlock-cross-border-liquidity-across-africa\\\/\",\"url\":\"https:\\\/\\\/www.afis.africa\\\/en\\\/sb_session\\\/panel-beyond-market-linkages-can-harmonised-listings-unlock-cross-border-liquidity-across-africa\\\/\",\"name\":\"Panel | Beyond market linkages: Can harmonised listings unlock cross-border liquidity across Africa? - The African Financial Summit Platform\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#website\"},\"datePublished\":\"2026-09-03T09:49:22+00:00\",\"dateModified\":\"2026-09-18T09:00:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.afis.africa\\\/en\\\/sb_session\\\/panel-beyond-market-linkages-can-harmonised-listings-unlock-cross-border-liquidity-across-africa\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.afis.africa\\\/en\\\/sb_session\\\/panel-beyond-market-linkages-can-harmonised-listings-unlock-cross-border-liquidity-across-africa\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.afis.africa\\\/en\\\/sb_session\\\/panel-beyond-market-linkages-can-harmonised-listings-unlock-cross-border-liquidity-across-africa\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.afis.africa\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Panel | Beyond market linkages: Can harmonised listings unlock cross-border liquidity across Africa?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#website\",\"url\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/\",\"name\":\"The African Financial Summit Platform\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#organization\",\"name\":\"The African Financial Summit Platform\",\"url\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.afis.africa\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/cropped-AFIS-1-1.jpg\",\"contentUrl\":\"https:\\\/\\\/www.afis.africa\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/cropped-AFIS-1-1.jpg\",\"width\":529,\"height\":191,\"caption\":\"The African Financial Summit Platform\"},\"image\":{\"@id\":\"https:\\\/\\\/www.afis.africa\\\/fr\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Panel | Beyond market linkages: Can harmonised listings unlock cross-border liquidity across Africa? - The African Financial Summit Platform","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.afis.africa\/en\/sb_session\/panel-beyond-market-linkages-can-harmonised-listings-unlock-cross-border-liquidity-across-africa\/","og_locale":"en_US","og_type":"article","og_title":"Panel | Beyond market linkages: Can harmonised listings unlock cross-border liquidity across Africa? - The African Financial Summit Platform","og_description":"Three years after launch, the African Exchanges Linkage Project (AELP) has generated just 21 transactions and 6,160 shares traded, worth $8,670 as of 1 January 2026 \u2013 a symbolic volume for a platform meant to connect a continent. 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