Exotix Opens First African Office In Nigeria

inShare7

VENTURES AFRICA- London-based leading frontier, emerging market and illiquid debt merchant bank, Exotix limited has expand its footprints to the continent with the launch of its first office in Lagos, Nigeria’s commercial nerve center.
The investment company, which prides itself as having an extensive knowledge in securing financing and providing instrumental advice to clients in the frontier market plans to extend its reach on the continent to Eastern region of the continent where said it already has offers.
In Nigeria, Ali Khalpey, Head of Equities at Exotix said the bank will offer local currency and fixed income trading while it awaits necessary license approval.
“Over the last six months we have been focused on rolling out our Sub-Sahara Africa research, sales and trading capability, which is now almost complete,” Khalpey had said in a statement on the company’s website.
Before the year ends, the investment bank to extend its hold of African stocks from 56 to 100.
Exotix’ trading capability covers over 26 Frontier Equity Markets including key markets of Nigeria, Kenya, Vietnam, Pakistan, Morocco and Kuwait.