ASHON SUPPORTS STRONGER AFRICAN TRADE LINKS TO BOOST ECONOMIC GROWTH

The Association of Securities Dealing Houses of Nigeria (ASHON) has expressed support for stronger trade connections across Africa, highlighting the potential of regional cooperation to drive economic growth.

ASHON said improving trade linkages among African countries could unlock new opportunities, strengthen capital markets, and support broader economic development across the continent.

The association noted that deeper integration through initiatives such as the African Continental Free Trade Area (AfCFTA) could help increase intra-African trade and contribute significantly to the continent’s economic output, which has been projected to account for a larger share of global growth.

Market stakeholders said stronger financial and trade connections are essential for improving investment flows, expanding businesses, and creating more opportunities for African enterprises.

Experts added that achieving greater economic integration would require improved infrastructure, harmonised regulations, efficient payment systems, and policies that encourage cross-border investment.

ASHON reaffirmed its commitment to supporting initiatives that promote market development, investor confidence, and sustainable economic growth through stronger African trade partnerships.