Under the slogan “Africa, Mapping the Future”, the African Securities Exchanges Association (ASEA) held its 21st Annual General Meeting and Flagship Conference, where CEO of Pharos Holding Angus Blair spoke on different techniques for positioning markets and companies to best attract and maximise capital flows.
Blair stated that companies with better investor relations techniques and transparency tend to achieve a higher valuation, hence, the stock market must encourage listed and unlisted companies to maximise information flow to investors. He added that, “transparency and disclosure, as well as corporate governance best practices, are what create the optimum environment to attract long term investment.”
The Chief Operating Officer of Pharos Holding concluded that, “attracting capital all begins and ends with good management and a focused strategy,” noting that Pharos is ready to advise companies and exchanges to best optimise their market positioning to attract capital and help in the continued goal to create long term, sustainable economic growth.
Pharos Holding participates in and sponsors the Annual General Meeting and Flagship Conference held from November 19 to 21 in Cairo under the auspices of Prime Minister Sherif Ismail, which is a unique opportunity for Africa’s businesses and investors to share views and ideas about the current capital markets and their visions and plans for the continent’s financial future.
The annual ASEA conference is the flagship forum of the association, which aims to bring together key decision makers in the African financial markets to discuss and recommend ways of advancing the continent’s socio-economic transformation through capital markets.
ASEA is the industry association for stock exchanges across Africa. Established in 1993 and headquartered in Kenya, the association represents over 32 stock exchanges, divided into 27 main members, two observers, and three associate members.