Browsing: africa stock exchange integration.

stock exchange board

A number of African stock exchanges have been hit by an IPO drought in recent years—an indicator of ineffective capital markets. Some exchanges have seen an increase in de-listings.  For instance, Ghana’s stock exchange is reported to have been struck by a wave of de-listings. The crux of the matter is, apart from the biggest stock exchanges, African capital markets have not lived up to their potential as investment harnessing hubs.

Stock Exchanges in Africa 

There are currently 29 exchanges in Africa; most of these are affiliated with the African Securities Exchanges Association. Included in the list of exchanges are two regional bourses. The Bourse Régionale des Valeurs Mobilières (BRVM) in Côte d’Ivoire which is an amalgamation of Benin, Burkina Faso, Guinea Bissau, Côte D’Ivoire, Mali, Niger, Senegal, and Togo.   The other is the Bourse Régionale Valeurs Mobilières D’afrique Centrale (BVMAC) which caters to Central African Republic, Chad, Democratic Republic