The Rwanda Stock Exchange (RSE) and the Jamaica Stock Exchange (JSE) have signed a Memorandum of Understanding (MoU) aimed at strengthening cooperation and advancing capital market development in both countries. The agreement was signed during the 21st Regional Investments and Capital Markets Conference, held in Kingston, Jamaica, from January 20 to 22. It marks the first partnership of its kind between the two exchanges and is intended to bring the capital markets of Rwanda and Jamaica closer, while reinforcing financial ties between Africa and the Caribbean. ALSO READ: 2025 marked a turning point for the capital market Pierre Celestin Rwabukumba, Chief Executive Officer of the RSE, said the MoU is focused on long-term value creation rather than formalities. “This partnership is about more than documents and meetings; it is about sharing experience, growing together, and opening new doors for businesses, investors, and market professionals in both regions,” Rwabukumba said. He added that the collaboration shows the importance of strong international partnerships in building modern and competitive capital markets. “Working with the Jamaica Stock Exchange allows us to exchange ideas, develop people, and explore innovative ways to connect our markets internationally,” he noted. Under the agreement, the two exchanges will collaborate on a range of initiatives, including knowledge sharing, staff training, market development programmes, and exploring opportunities for cross-listings and the introduction of new financial products. ALSO READ: How new multicurrency market could boost access to foreign capital Livingstone Morrison, Chief Executive Officer of the Jamaica Stock Exchange, said the partnership creates fresh opportunities for both institutions and their stakeholders. “We are excited to begin this relationship with the Rwanda Stock Exchange. By learning from each other and sharing best practices, we believe we can create meaningful opportunities for our markets, our listed companies, and our wider financial communities,” Morrison said. The partnership is expected to enhance institutional capacity, promote innovation, and support the growth of more interconnected and resilient capital markets across the two regions.
