Dangote Industries Limited and the Botswana Stock Exchange (BSE) have recommended Nigerian Exchange Group (NGX Group) for bringing African exchanges collectively to develop cross-border funding alternatives by means of the continued roadshow for the Dangote Petroleum Refinery and Petrochemicals FZE supply.
The commendation got here on Wednesday, October 14, 2026, at an investor engagement in Gaborone, following an earlier engagement in Nairobi, Kenya.
The roadshow varieties a part of NGX Group’s wider initiative to deepen collaboration amongst African exchanges and widen entry to funding alternatives throughout the continent.
Dangote Group, BSE Commend NGX
Murat Erden, Group Chief Financial Officer of Dangote Industries Limited, recommended NGX Group for bringing African inventory exchanges collectively to advance the initiative.
He praised the management of Group Chairman Alhaji Umaru Kwairanga and Group Managing Director/Chief Executive Officer Temi Popoola, noting that the trouble started with an engagement convened by NGX Group in Lagos in April 2026.
- Erden highlighted the function of digital innovation in broadening entry to the supply, citing the addition of WhatsApp to NGX Invest.
- He additionally acknowledged the partnership between NGX Group and collaborating exchanges in reaching buyers throughout their respective markets.
Aobakwe Aupa Monyatsi, Chief Executive Officer of the Botswana Stock Exchange, welcomed the collaboration, highlighting the worth of partnerships amongst African exchanges and the chance to widen participation by encouraging further markets to hitch the initiative.
- NGX Group Chairman Kwairanga stated: “Our vision is to build stronger connections among African capital markets, making it easier for businesses to access capital and for investors to participate in opportunities across the continent. The collaboration around the Dangote Refinery offer demonstrates what African exchanges can achieve when we work together towards a shared objective.”
Group Managing Director and Chief Executive Officer Temi Popoola additionally emphasised the significance of translating continental ambition into sensible partnerships.
- He stated: “When we began this engagement, our objective was continental: to bring African exchanges together and explore how we can create stronger connections between African capital markets.”
NGX Expands Cross-Border Investment Access
At an earlier engagement in Nairobi, Aliko Dangote, President and Chief Executive of Dangote Industries Limited, recommended Kwairanga and Popoola for their efforts to strengthen collaboration amongst African capital-market establishments.
- He highlighted how stronger ties between exchanges may allow corporations to lift capital throughout a number of markets moderately than being restricted to their dwelling markets.
- Citing the deliberate refinery in Mokowe-Lamu, Kenya, for example, Dangote pointed to the potential for companies working throughout Africa to listing in a couple of market.
- NGX Invest, NGX Group’s digital public-offering platform, helps subscriptions by means of greater than 180 distribution channels, together with stockbrokers, banks and fintech corporations.
- The addition of WhatsApp as an entry channel additional expands the methods buyers can entry the supply.
The roadshow continues with engagements on the Egyptian Exchange (EGX) and the Ethiopian Securities Exchange (ESX), extending the initiative’s attain and creating additional alternatives for African exchanges to collaborate on cross-border funding.
What it is best to know
Aliko Dangote had earlier the management of NGX Group for reworking Nigeria’s capital market.
- He spoke on the Facts Behind the Offer presentation and Opening Gong Ceremony for the Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals FZE, held on Monday, September 14, on the Nigerian Exchange in Lagos.
- Reflecting on his tenure as President of the Exchange, Dangote recalled inviting stakeholders to help efforts to place it as a world-class establishment.
He credited NGX Group Chairman Alhaji Umaru Kwairanga and Group Managing Director and Chief Executive Officer Temi Popoola with advancing that imaginative and prescient.
