The Banque de la République du Burundi has entered into a strategic partnership with the London Stock Exchange Group (LSEG) to strengthen and modernize the country’s financial system.
The collaboration aims to enhance efficiency and transparency within Burundi’s domestic markets, while positioning the financial sector to support long-term economic growth.
Speaking on the initiative, Edouard Normand Bigendako, Governor of the Central Bank of Burundi, described it as a transformative step:
“By automating and digitising our market operations, we are improving transparency, boosting operational efficiency, and laying the groundwork for a more resilient and inclusive financial system that drives sustainable development.”
Nadim Najjar, Managing Director for Central & Eastern Europe, the Middle East, and Africa at LSEG, emphasized the group’s commitment to advancing market infrastructure across emerging economies:
“We are proud to support the Central Bank of Burundi through our integrated platforms. This partnership is designed to deliver a modern, transparent, and efficient financial ecosystem that aligns with global standards and empowers national economies.”
Under the agreement, LSEG will provide the Central Bank with platforms covering key areas of market operations, including:
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FX Trading Platform for foreign exchange transactions.
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Money Market Trading for interbank liquidity management.
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Auctions for open market operations.
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Market Tracker for real-time reporting and surveillance.
These services will be accessible via LSEG Workspace, providing the Central Bank and authorised financial institutions with a standardised and transparent framework for managing market operations.
The move underscores Burundi’s commitment to digital transformation in finance and its ambition to integrate more closely with global market practices.
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