ContiSX Inc To Establish Continental Securities Exchange (ContiSX)

ContiSX Media — Sun, 25 Aug 2024 01:39:54 +0000

ContiSX plans to launch Continental Securities Exchange (ContiSX), for the African market and headquartered in Nigeria. ContiSX will enable Nigerian, African and global companies to trade and list public companies, and specifically tech-anchored ones, and over time other variants of securities. ContiSX is engineered to be a full electronic exchange that will seek registration with Nigeria’s Securities and Exchange Commission. It aspires to enable raising of funds in both Naira and US Dollars.

ContiSX desires to become the “NASDAQ of Africa”, and a public home for Africa’s leading technology companies which continue to struggle to IPO. It will become a new generation public exchange in continental Africa.

ContiSX is structured to become a well-capitalized exchange, built on industry leading technologies and operational innovations. It will overcome the challenges of limited access to capital markets for many African businesses, even as it reduces high costs, lack of infrastructure, and regulatory hurdles, as a public exchange.

ContiSX is raising funds, building products, and assembling partners, as it works on its licensing. Our Firm is designed to become a partner and an enabler of innovation with current African exchanges, in order to reverse Africa’s stunted economic growth and limited investment opportunities. We will bring higher standards on listing quality, cost efficiency, distribution, security, and compliance.

ContiSX is currently processing its application with the SEC and hopes to begin operations next year.

Aug 2024

Contact: info@contisx.com