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Foreign Currency Convertible Bonds worth USD 33 Million listed on AFRINEX Securities List

April 29, 2026, Ebene, Mauritius – AFRINEX Limited, the pan-Africa focused international stock exchange, has announced the successful listing of USD 33 Million Foreign Currency Convertible Bonds (FCCB) of Cellecor Gadgets Limited on AFRINEX Securities List.

This milestone listing underscores the exchange’s growing footprint in the global capital markets and its commitment to providing a transparent, efficient, and regulated platform for international issuers.

AFRINEX, through its innovative offerings, continues to bridge the gap between global investors and issuers seeking competitive cost structures and a robust regulatory environment.

A Multi-Asset Ecosystem

AFRINEX offers a comprehensive suite of platforms designed to cater to diverse market participants:

  • AFRINEX Securities List: A primary listing venue for all asset classes, viz. equity, debt, funds, etc., providing international & local issuers with global visibility and access to a diverse investor base.
  • AFEXGreen: A specialized platform to mark the listing of green and sustainable securities.
  • AFRINEX Clearing House Ltd. (ACHL): a subsidiary of the exchange, offering a wide range of clearing, settlement and depository services, including issuances of ISIN, dematerialisation, facilitating corporate actions, off-market settlement of securities, etc.  

Commenting on the listing, CEO of AFRINEX Limited, Thapelo Tsheole, highlighted the strategic importance of this issuance: “The listing of this USD 33 million FCCB is a testament to the confidence that international issuers place in the Mauritius International Financial Centre (IFC). At AFRINEX, we aren’t just providing a platform, we are building a gateway for capital to flow into emerging markets with the same rigor and transparency found in the world’s largest financial hubs.

He added, “Our mission is to democratize access to capital. By leveraging our cutting-edge technology and the strategic geographical advantage of Mauritius, we offer a unique value proposition that combines low listing costs with high regulatory standards. We look forward to welcoming more global issuers to our multi-asset ecosystem as we continue to scale our operations.”

On the other hand, the Managing Director of Cellecor Gadgets Limited, Mr. Ravi Agarwal, mentioned, “I am extremely delighted on listing of our USD 33 Million FCCBs on AFRINEX Exchange, Mauritius”.

The process of listing was meticulous, transparent & efficient. He noted that this milestone reflects the company’s strong growth trajectory and commitment to expanding its global footprint. He further emphasized that the listing on AFRINEX Exchange would enhance global visibility and strengthen investor confidence. Mr. Agarwal also reiterated the company’s focus on innovation, quality, and delivering long-term value to its stakeholders.

About AFRINEX Limited

AFRINEX is a pan-Africa focused international securities exchange in Mauritius with USD 12.4+ billion in market capitalization of listed securities. AFRINEX, supported by BSE Technologies (Bombay Stock Exchange), established as an initiative of the Government of Mauritius, supported by the Government of India, offering platforms for listing, trading, and capital raising across asset classes. Afrinex Clearing House Ltd., a subsidiary of AFRINEX, offers depository, clearing & settlement services.

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