About 763 professionals were trained by the African Development Bank’s Capital Markets Development Trust Fund (CMDTF) in its first five years in business.
The CMDTF has also mobilised $15 million to implement 13 groundbreaking projects in about 15 countries, including Nigeria.
There, the Fund supported the Securities and Exchange Commission in designing a cutting-edge risk-based supervision framework aligned with international standards, dramatically boosting investor confidence.
The Fund also provides technical assistance and capacity building to improve regulatory frameworks, upgrade market infrastructure, diversify financial products, and broaden investor participation across African capital markets.
It is funded by the Netherlands, Luxembourg, and the Swedish International Development Cooperation Agency (SIDA).
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