ALTX is the product of a vision to establish a fully interconnected set of markets in Africa that have full access to each other. In order to fulfill this vision, we shall be seeking licenses in a number of countries to operate exchanges off a common clearing and settlement platform, using common trading technology and accessing securities inside and outside Africa.
ALTX Africa Group is an investment holding company incorporated in Mauritius. ALTX East Africa is an ALTX Africa Group company opened to operate an ALTX exchange in Uganda. ALTX East Africa's application has been approved by the Capital Markets Authority of Uganda and will be the first in a series of steps to establish the network of exchanges in Africa.