Bolsa de Valores de Moçambique (BVM), the official stock exchange of Mozambique, has signed an agreement with Pakistan based InfoTech Group to supply, implement, and support an Integrated Trading and Central Depository Support System as part of a major modernization of its trading and market infrastructure. The agreement, announced on October 12 and formally signed by BVM Chief Executive Officer Pedro Frederico Cossa and InfoTech Group Chief Executive Officer Naseer Akhtar, marks another milestone in InfoTech’s growing presence across African capital markets. According to the company, the new platform will serve as the technological backbone of BVM’s trading and settlement operations, supporting more efficient securities trading and post trade processes. The partnership was highlighted by African Capital Markets News, while InfoTech also acknowledged the publication’s coverage and reiterated its commitment to strengthening capital markets infrastructure across the African continent. More details about the exchange are available on the Bolsa de Valores de Moçambique website.
The Integrated Trading and Central Depository Support System is designed to upgrade BVM’s core market infrastructure by providing a modern platform for trading, settlement, and securities depository functions. As capital markets continue to adopt more advanced technologies, exchanges are increasingly investing in modern digital platforms that improve operational efficiency, strengthen market transparency, and support better connectivity with investors and market participants. According to InfoTech, the implementation at BVM reflects the company’s continued focus on supporting financial market modernization through technology driven solutions. The deployment is expected to enhance the exchange’s operational capabilities while providing a more robust foundation for future market development. The agreement also reinforces the long standing relationship between technology providers and stock exchanges that are seeking to modernize legacy systems to meet evolving regulatory and investor expectations.
InfoTech has established a growing portfolio of exchange technology deployments across Africa through its Capizar automated trading platform and related capital market solutions. The company’s technology is already operational at Ghana Stock Exchange, Malawi Stock Exchange, Angola’s Bolsa de Dívida e Valores de Angola (BODIVA), and most recently Ethiopian Securities Exchange. Beyond individual exchanges, InfoTech also developed the East African Community Capital Markets Infrastructure platform, which connects Uganda Securities Exchange, Dar es Salaam Stock Exchange, and Rwanda Stock Exchange through a shared trading infrastructure that promotes regional market integration. These implementations demonstrate the company’s experience in delivering technology platforms that support trading, settlement, and connectivity across multiple financial markets while enabling exchanges to expand digital services for investors and brokerage firms.
Competition among providers of capital market technology continues to increase as exchanges across Africa and other regions invest in replacing aging infrastructure with more advanced digital platforms. Modern trading systems are expected to offer improved scalability, stronger security, enhanced connectivity with regional and international markets, and better digital experiences for investors through web and mobile investment applications. By securing the BVM project, InfoTech further strengthens its position as a technology partner for securities exchanges seeking to modernize their operations and expand market accessibility. The latest agreement also reflects the increasing demand for integrated trading and depository platforms that support efficient market operations while helping exchanges build stronger digital ecosystems capable of supporting future growth in capital markets.
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