| Abbreviation | ASEA |
|---|---|
| Formation | 1993 |
| Legal status | Non-profit organisation |
| Purpose | Trade association for securities exchanges in the Africa region |
| Location | |
Region served | Africa |
| Membership | 26 full members and six associate members |
| Website | african-exchanges |
African Securities Exchanges Association (ASEA) is a trade association for securities exchanges in Africa headquartered in Nairobi, Kenya. The associations aim is to provide a formal framework for the mutual co-operation of securities exchanges in the African region. Its functions include the exchange of information and assistance in the development of member exchanges. [1] [2]
As of 2022 [update] , there were 30 exchanges in Africa, representing 39 nations' capital markets. At that time, ASEA had 26 full members and six associate members. [3]
In addition, the African Securities Exchanges maintains a partnership agreement with the Federation of Euro-Asian Stock Exchanges. [4]