The BAFM Seminar is a capacity building initiated by ASEA designed to promote growth in African financial markets. It is an opportunity to enhance the capacity of African exchanges to compete effectively on the global fronts. This year, the 9th BAFM Seminar entitled “Towards Borderless African Capital Markets“, is designed to discuss the potentials in the rapidly expanding market of the African continent that represents significant economic opportunity for enterprises and investors around the world.

Through the coming BAFM 2020 Seminar to be held in Cairo, Egypt, issues related to Connectivity, Technical Developments, Sustainability, Financial Literacy, and Fintech will be discussed. Through joint efforts of regional governmental entities, international entities, and private enterprises, we will try during the two days to discuss issues related to the continent development.


Established in 1993, The African Securities Exchanges Association (ASEA) is the industry association for exchanges in Africa. Headquartered in Kenya, it represents over 30 exchange groups; divided into 25 main members, 2 observers, and 3 associate members. ASEA has a statistics database for more than ten years. ASEA has started publishing FTSE ASEA Pan African Index in December 2012, which represents the performance of eligible securities listed on the majority of ASEA member exchanges.

ASEA aims to achieve its mandate through partnership and collaboration with other Pan-African and international organizations, such as the African Development Bank (AfDB), the Chartered Institute for Securities and Investment (CISI), and the Chartered Financial Analyst Institute (CFA), to develop ASEA members as well as undertake capacity development initiatives for its members such as Building African Financial Markets (BAFM). ASEA works with local, regional, and international organizations to promote the development of fair, transparent and efficient capital markets in Africa.


The Egyptian Exchange (EGX) is one of the oldest and most open stock markets in the world. It traces its origin to 1883, when the Alexandria Stock Exchange was established, followed by Cairo Stock Exchange in 1903. EGX mission is to operate and develop a high quality market for the benefits of its domestic and international clients. EGX provides top-notch market technology, innovative products, fair, transparent, and efficient markets to its clients. EGX is the first Arab stock exchange to be a member of the World Federation of Exchanges (WFE), Chairman of the Arab Federation of Exchanges (AFE), Chairman the working committees of the Federation of Euro -Asian Stock Exchanges (FEAS), Member of the African Securities Exchanges Association (ASEA), and a Founding member of the Sustainable Stock Exchanges (SSE) Initiative. As a member of the African Securities Exchanges Association (ASEA), EGX is always thriving to participate in activities for the benefit of the association.