Rwanda and Jamaica stock exchanges sign cooperation to strengthen Africa–Caribbean capital market ties
The Rwanda Stock Exchange (RSE) and the Jamaica Stock Exchange (JSE) have signed a Memorandum of Understanding (MoU) aimed at strengthening cooperation between the two countries’ capital markets.
The agreement was formalised during the 21st Regional Investments & Capital Markets Conference, held in Kingston, Jamaica.
The RSE announced the partnership through a press release issued on January 26.
The MoU outlines several areas of cooperation, including knowledge exchange, staff training, market development programmes, and the exploration of opportunities for cross-listings and new financial products.
According to the RSE, this partnership is expected to enhance both markets and establish new connections between Africa and the Caribbean.
The RSE was incorporated on October 7, 2005. It was demutualised from the start as a company limited by shares and officially launched on 31st January 2011.
RSE Chief Executive Officer Pierre Celestin Rwabukumba commented on the significance of the agreement, stating, “This partnership is about more than documents and meetings; it is about sharing experience, growing together, and opening new doors for businesses, investors, and market professionals in both regions.”
JSE Chief Executive Officer Livingston Morrison also said, “We are excited to begin this relationship with the Rwanda Stock Exchange. By learning from each other and sharing best practices, we believe we can create meaningful opportunities for our markets, our listed companies, and our wider financial communities.”
The JSE, founded in 1968, is one of the largest stock exchanges in the Caribbean, with over 70 companies listed in its main market securities.
This story is written and edited by the Global South World team, you can contact us here.
