Africa’s capital markets are playing an increasingly pivotal role in the continent’s economic transformation, serving as critical platforms for mobilising long-term capital, financing infrastructure development, accelerating private sector growth, and advancing financial inclusion. In recent years, African markets have demonstrated notable resilience and performance, delivering strong US dollar denominated returns through 2024 and into 2025, and in several instances outperforming major developed market benchmarks such as the S&P 500.
The outperformance reflects a combination of supportive global and local factors, including renewed investor appetite for emerging and frontier markets, and improving domestic economic fundamentals. Growth across sectors such as services, ICT, mining, agriculture, and energy has strengthened market sentiment, while higher yields and diversification benefits have attracted fresh capital inflows. Collectively, these trends highlight the increasing depth, resilience, and competitiveness of African capital markets on the global stage.
Building on this momentum, the African Capital Markets Investment Conference (ACMIC), to be held in London from 15th – 17th of April, is designed to further amplify Africa’s capital market proposition by establishing a high-level platform that brings together African stock exchanges, regulators, listed companies, and market intermediaries with Development Finance Institutions (DFIs), global institutional investors, UK and European capital market peers, and the African diaspora investment community.
As one of the world’s leading financial centres, London offers a strategic gateway for convening international capital, policy influencers, and diaspora wealth, providing a structured, credible, and transaction focused environment that facilitates meaningful dialogue, strengthens partnerships, and catalyses sustainable investment flows into African capital markets
Conference Objectives
The conference is designed to:
Conference Structure and Format
The three-day conference combines:
09:30 – 10:00 | Registration + Teas
10:00 – 10:05 | Welcome Address – David Ziyambi, Partner, Latham & Watkins LLP
10:05 – 10:10 | Introduction – Patrick Muzondo, Managing Director, Financial Markets Indaba
10:10 – 10:30 | Keynote Addresses – The Rt Hon The Baroness Chapman of Darlington PC, Minister of State for Development of the United Kingdom (TBC)
10:30 – 10:50 | Presentation: African Securities and Exchanges Association – President, Celestin Rwabukumba
10:50 – 11:10 | Presentation: Committee of SADC Stock Exchanges – Chairman, Collin Tapfumaneyi, and CEO, Financial Securities Exchange
11:10 – 11:30 | Spotlight: Lina Tonui – Project Manager, African Exchanges Linkage Project (AELP)
11:30 – 11:50 | Presentation: London Stock Exchange – Abi Ajayi, Head of Africa & Middle East Primary Markets
11:50 – 12:10 | Presentation: Global Accounting Standards – Paul Lee, Chair, UK Endorsement Board
12:10 – 13:00 | Panel Discussion – Policy & Regulatory Environment
13:00 – 14:00 | Networking Lunch
14:00 – 14:20 | Presentation: Afrinex Stock Exchange – Thapelo Tsheole – Chief Executive Officer
14:20 – 14:40 | Presentation: Dar Es Salaam Stock Exchange – Peter Nalitolela – Chief Executive Officer
14:40 – 15:00 | Presentation: Botswana Stock Exchange – Aobakwe Aupa Monyatsi – Chief Executive Officer
15:00 – 15:20 | Presentation: Zimbabwe Stock Exchange and Victoria Falls Stock Exchange – Justin Bgoni – Chief Executive Officer
15:20 – 15:40 | Presentation: Mozambique Stock Exchange – Pedro Frederico Cossa, Chairman of the Board of Directors
15:40 – 16:00 | Presentation: Official Monetary and Institutions Forum, Conor Perry – Economist
16:00 – 16:50 | Panel Discussion – Investment Opportunities Across African Capital Markets
16:50 – 17:00 | Closing Remarks
17:00 – 19:00 | Networking Cocktails – Latham & Watkins LLP
9:30 – 10:00 | Registrations + Teas
10:00 – 10:10 | Welcome – Tichaona Chisungo, Director-Investor Relations, Financial Markets Indaba
10:10 – 10:30 | Keynote Speech – H.E Biruk Demissie, Ambassador, Ethiopian Embassy in the United Kingdom
10:30 – 11:10 | PANEL 4 – Investment Products That Attract DFIs
11:10 – 11:30 | Presentation – Bryan Pascoe, Chief Executive Officer, International Capital Markets Association (ICMA)
11:30 – 11:50 | Presentation – Augustine Makoni, Chief Financials Officer, Private Infrastructure Group
11:50 – 12:10 | Spotlight: Currency Stability & Financial Sovereignty – Charlie Robertson – Head of Macro-Strategy, FIM Partners
12:10 – 13:00 | PANEL 5 – Deepening Capital Market Development
13:00 – 14:00 | Networking Lunch
14:00 – 14:20 | Spotlight: Scott McMunn – Chief Executive Officer, Loan Market Association
14:20 – 14:40 | Presentation – Gbite Oduneye, Managing Partner, ODBA
14:40 – 15:00 | Presentation – Loknath Mishra, Chief Executive Officer, United Bank for Africa UK
15:00 – 15:20 | Presentation – Rob Stangroom, Chief Executive Officer, African Financials
15:20 – 15:40 | Presentation – Collin Tapfumaneyi, Chairman, Committee of SADC Stock Exchanges and Chief Executive Officer, Financial Securities Exchange
15:40 – 16:00 | Tea Break
16:00 – 16:50 | PANEL 7 – Emerging Technologies: Blockchain, AI & Their Impact on Market Infrastructure
16:50 – 17:00 | Closing Remarks
09:30 – 10:00 | Registrations + Teas
10:00 – 10:10 | Introduction – Patrick Muzondo, Managing Director, Financial Markets Indaba
10:10 – 10:30 | Keynote Speech – H.E Ambassador Colonel (Rtd) Christian Katsande, Zimbabwe Ambassador to the United Kingdom and Chairman of the Dean of the African Diplomatic Corps
10:30 – 10:50 | Headline Partner – Mehluli Mpofu, Managing Director, CABS
10:50 – 11:40 | Panel Discussion – Building Trust: Governance, Market Integrity & Protection for Global Investors
11:40 – 12:00 | Tea Break
12:00 – 12:20 | Presentation – Collin Tapfumaneyi, Chairman, Committee of SADC Stock Exchanges and CEO, Financial Securities Exchange
12:20 – 13:00 | Panel Discussion – Unlocking Diaspora Capital: Opportunities in African Markets
13:00 – 14:00 | Networking Lunch
14:00 – 14:20 | Designing Effective Diaspora Bonds for Infrastructure Financing –
Focus: Lessons from global issuances and structuring credible diaspora instruments.
Case Studies: Nigeria Diaspora Bond – Dr Emomotimi Agama, Director General, Securities and Exchange Commission of Nigeria
14:20 – 14:40 | Presentation – Alex Gorman, Chief Executive Officer, Kavango Resources PLC
14:40 – 15:30 | Panel Discussion – Expectations for Market Accessibility: Simplifying Cross-Border Investment
15:30 | Conference Closing
| Date/Time | Programme | Description |
|---|---|---|
| Day 1 – Monday 25 August 2025 | Winter School – Accounting Conference | • Annual General Meeting • Panel discussion –Sustainability: How to accelerate value creation through cross-enterprise collaboration on sustainability OR Accelerating the Transition: Assessing Progress and Driving Action. • Presentation –Disruption of Technology in the Financial Arena |
| Day 2 – Tuesday 26 August 2025 | Winter School – Accounting Conference | • Panel discussion – Accountancy in the Next Decade • Presentation – The Mental Well Being of the Professional • Golf Tournament • Gala Dinner – Presidents Inauguration |
| Day 3 – Wednesday 27 August 2025 | Winter School – Investment Conference | Description |
|---|---|---|
| 09:00 – 09:30 | Registrations | |
| 09:30 – 09:35 | Introduction | Financial Markets Indaba |
| 09:35 – 09:45 | Welcome | Institute of Chartered Accountants of Zimbabwe |
| 09:45 – 10:00 | Keynote Speech | Welcome – Zimbabwe Ambassador to the United Kingdom |
| 10:00 – 10:10 | Presentation | Trade and Investment, British Embassy Harare, FCDO |
| 10:10 – 11:00 | Panel Discussion | Zimbabwe Investment Landscape – Policy and Regulation |
| 11:00 – 11:20 | Presentation | Zimbabwe Investment and Development Agency |
| 11:20 – 11:50 | Fireside Chat | African Private Equity and Venture Capital Association |
| 11:50 – 12:10 | Presentation | Company Spotlight |
| 12:10 – 13:00 | Panel Discussion | Agribusiness and the future of food security in Southern Africa |
| 13:00 – 14:00 | Lunch | |
| 14:00 – 14:50 | Panel Discussion | Healthcare, education, and social infrastructure: Impactful areas for investment |
| 14:50 – 15:10 | Presentation | Company Spotlight |
| 15:10 – 16:00 | Panel Discussion | Zimbabwe’s emerging fintech and digital payments landscape |
| 16:00 – 16:50 | Panel Discussion | Leveraging Diaspora Investment |
| 16:50 – 17:00 | Closing Remarks | End of Day 1 |
| Day 4 – Thursday 28 August 2025 | Winter School – Investment Conference | Description |
|---|---|---|
| 07:00 – 08:45 | Breakfast | Visiting delegation breakfast |
| 08:45 – 09:00 | Introduction | Introduction of the B2B Executive Meetings and Programme |
| 09:00 – 13:00 | B2B Meetings | Meetings will take place in six boardrooms (Number TBC) |
| 13:00hrs – 14:00hrs | Lunch | |
| 14:00 – 17:00 | B2B Meetings | On-going B2B meetings targeting financiers, investors and corporates. |
| 17:00 – 18:00 | Networking | Networking – Cocktail Reception (TBC) and closing |
Africa’s capital markets are playing an increasingly pivotal role in the continent’s economic transformation, serving as critical platforms for mobilising long-term capital, financing infrastructure development, accelerating private sector growth, and advancing financial inclusion. In recent years, African markets have demonstrated notable resilience and performance, delivering strong US dollar denominated returns through 2024 and into 2025, and in several instances outperforming major developed market benchmarks such as the S&P 500.
The outperformance reflects a combination of supportive global and local factors, including renewed investor appetite for emerging and frontier markets, and improving domestic economic fundamentals. Growth across sectors such as services, ICT, mining, agriculture, and energy has strengthened market sentiment, while higher yields and diversification benefits have attracted fresh capital inflows. Collectively, these trends highlight the increasing depth, resilience, and competitiveness of African capital markets on the global stage.
Building on this momentum, the African Capital Markets Investment Conference (ACMIC), to be held in London from 25th – 27th of March, is designed to further amplify Africa’s capital market proposition by establishing a high-level platform that brings together African stock exchanges, regulators, listed companies, and market intermediaries with Development Finance Institutions (DFIs), global institutional investors, UK and European capital market peers, and the African diaspora investment community.
As one of the world’s leading financial centres, London offers a strategic gateway for convening international capital, policy influencers, and diaspora wealth, providing a structured, credible, and transaction focused environment that facilitates meaningful dialogue, strengthens partnerships, and catalyses sustainable investment flows into African capital markets
The African Capital Markets Investment Conference positions Africa’s exchanges and capital markets at the heart of global investment conversations. By combining policy dialogue, product innovation, issuer engagement, and diaspora mobilisation supported by structured B2B meetings, the conference provides a credible platform to convert interest into long-term capital flows that support Africa’s sustainable development.