AfDB, SEC Ghana launch US$400,000 project to strengthen capital markets

GHANA – The African Development Bank Group (AfDB) and the Securities and Exchange Commission (SEC) of Ghana have launched a US$400,000 project to strengthen the development of Ghanaian capital markets. This follows the signing of a grant agreement to develop a risk-based supervisory solution for the local capital market. The grant, from the African Development Bank’s Capital Markets Development Trust Fund will finance the provision of technical assistance and capacity building for the SEC, the markets regulator, and the Ghana Stock Exchange. The project will enhance the SEC’s institutional capacity…

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