Mogadishu Exchange has sold a single membership seat for $10,000 the highest bid price in its young history. MogEx Sold 5 Seats in Mogadishu.

Mogadishu Exchange will become the First Crypto exchange in Sub-Saharan Africa to take such an initiative.

The Mogadishu Exchange aims to launch in the second half of 2019 and wants to list at least 20 firms by the end of the year. Right now the Firm is Busy Building the base for a clean launch.

Mogadishu Exchange, will be the main entry point for foreigners seeking to invest in Somalia, has worked on plans for a stock market for years but has previously said it was taking longer than expected to set up the infrastructure.

“The general idea is to launch within this half of the year,”

The sales of the seats are executed every quarter throughout the year, based on the request of bidders

The sales of the seats are executed every quarter throughout the year, based on the request of bidders.

The Exchange has 300 member seats for those who have direct transaction rights and for the others to transact by intermediaries. Both of them have the right to transfer their seats if they have at least been a member for three years.

The sales of the seats are executed every quarter throughout the year, based on the request of bidders

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