EnterpriseNGR Expands Financial Centres to Three African Countries

EnterpriseNGR, a member-led professional advocacy group, agrees to set up a body of the World Alliance of International Financial Centers in Mauritius, Morocco, and Rwanda.

EnterpriseNGR recently signed a Memorandum of Understanding in Mauritius to bring the Economic Development Board of Mauritius, Casablanca Finance City Authority, and Rwanda Finance Limited to promote partnership and investment opportunities to drive sustainable development within the financial centers of its country members and Africa at large. 

On Thursday, 4 March 2024, EnterpriseNGR released a statement stating that the three countries aim to achieve five key objectives. The objectives include

  • Strengthen the competitiveness of financial centers in Africa. 
  • Position the African Continent via collaborative projects, research papers, and events to showcase investment opportunities and financial centers’ roles in the African Continent.
  • Support and enhance membership exchange for regional and international visibility.
  • Facilitate the development of dialogue with major financial centers outside the African Continent and 
  • Building a communication channel with African institutions, including regulators and policymakers, to promote cross-border investments and financial services

Regarding the collaboration, Mr. Ken Poonoosamy, the Chairperson of the Africa Roundtable, said, “The signing of the Memorandum of Understanding for the Africa Roundtable of the WAIFC represents a pivotal stride in fostering synergy among

financial hubs within the African sphere, with the shared objective of catalyzing economic advancement across the continent.”

Also, “the Director of Policy & Public Affairs, Mr. Lami Adekola, who represented the Chief Executive Officer of EnterpriseNGR, Ms. Obi, stated that the CEO of enterprises is excited over the collaboration. 

According to Mr. Lami, Ms. Obi said, “This is a remarkable and historical achievement. EnterpriseNGR is glad and fully endorse the Africa Roundtable of the WAIFC. Also, EnterpriseNGR is excited for the immense opportunities it represents for Nigeria and the African continent”.

She “further states that EnterpriseNGR’s collaboration with the three African countries will help boost the Continent’s financial competitiveness and amplify Africa’s Africa’s visibility.


Ojeyemi Adeleye
Ojeyemi Adeleye
I am Ojeyemi Adeleye, a theatre arts graduate of the University of Ilorin and a masters degree holder in Dramatic Arts, Obafemi Awolowo Univerisity. I am a content writer who believes the world can be brought to your doorsteps through writing.

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