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United Capital Plc, a leading Pan-African investment banking and financial services group, this week welcomed a five-member delegation from Rwanda’s Capital Markets Authority (CMA), led by Chief Executive Officer Mr. Romeo Ngarambe, for a week-long capital market engagement programme spanning Abuja and Lagos.
The visit, facilitated by United Capital as part of its ongoing Pan-African growth agenda, brought the CMA Rwanda delegation face-to-face with key institutions across the Nigerian capital market, including the Securities and Exchange Commission (SEC), NGX Group, the Central Securities Clearing System (CSCS), and the Chartered Institute of Stockbrokers (CIS).
The centrepiece of the visit was United Capital’s role in facilitating a Memorandum of Understanding (MOU) between SEC Nigeria and CMA Rwanda, signed in Abuja by SEC Director-General Dr. Emomotimi Agama and CMA Rwanda CEO Mr. Romeo Ngarambe. The MOU establishes a framework for cooperation between the two regulators across investor education, capital market development, exchange of regulatory and market intelligence, capacity building and technical assistance, and supervisory collaboration.
In his remarks, Mr. Ngarambe welcomed the opportunity to draw on Nigeria’s more developed capital market experience, noting Rwanda’s interest in learning from the depth and maturity of the Nigerian market as it continues to grow its own.
Commenting on United Capital’s role in the engagement, Peter Ashade, Group Chief Executive Officer, said:
“As a Pan-African institution, we see it as part of our mandate to build bridges between the continent’s capital markets. Facilitating this engagement, and this MOU in particular, reflects our belief that Africa’s markets grow strongest when they grow together.”
The CMA Rwanda visit builds on United Capital’s recent expansion into Rwanda and Ethiopia, and reinforces the Group’s continued role as a connector between African capital markets, supporting deeper regional integration, cross-border investment, and shared regulatory progress across the continent.
