Mbabane – Following the Eswatini Stock Exchange’s (ESE) reliance on the African Exchanges Linkage Project (AELP) ecosystem, three authorised Eswatini stockbrokers have broadened their scope to include international transactions.
In a statement issued by the African Securities Exchanges Association (ASEA), in partnership with the African Development Bank (AfDB), 268 Securities Limited, African Alliance Eswatini Securities Limited, and ALPHSZ Securities Limited, trading on ESE was connected this month on 1st July 2026 during the 13th Building African Financial Markets (BAFM) Forum, held in Dar es Salaam, Tanzania.
Announcing the official launch of Phase 2 Notice, the occasion was graced by Dr Duncan O. Ouma, Country Economist – Tanzania, African Development Bank, and officiated by the ASEA President Mr Pierre Celestin Rwabukumba as the launch connected not only the Eswatini Stock Exchange (ESE) but four in total from the African continent. 
The event saw the expansion to 11 African stock exchanges, and now more than 50 stockbrokers are linked in with the Botswana Stock Exchange (BSE), Ghana Stock Exchange (GSE), and Uganda Securities Exchange (USE), as well as ESE, into the AELP network, reaffirming the shared commitment to advancing integrated and vibrant African capital markets.
Here are the newly connected stockbrokers:
- Botswana Stock Exchange (BSE): Motswedi Securities, Imara Capital Securities.
- Ghana Stock Exchange (GSE): EDC Stockbrokers Ltd, IC Securities Ltd, Blackstar Broking Ltd, Chapel Hill Denham Ltd, Sarpong Capital, Teak Tree Broking, and Fincap Securities Ltd.
- Uganda Securities Exchange (USE): Chipper Technologies Uganda Limited, Crested Stocks and Securities Limited (trading as Crested Capital), Dyer and Blair (U) Limited, Old Mutual Investment Group, SBG Securities Uganda Limited.
- Eswatini Stock Exchange (ESE): 268 Securities Limited, African Alliance Eswatini Securities Limited, and ALPHSZ Securities Limited.
“This milestone represents another significant step towards enhancing cross-border investment, increasing market connectivity, and building an integrated African capital market by enabling investors and stockbrokers to access investment opportunities across participating African exchanges through a single interconnected trading network,” the statement reads, ending with ASEA extending appreciation to the African Development Bank, all participating stock exchanges, and the newly onboarded stockbrokers.
