Africa

The African Union -AU- intends to establish a pan African Stock Exchange.

Investor-led and casual trading has been on the rise for several years across the world, but now it is really picking up in Africa and its 54 countries. Different types of trading are gaining ground in different ways, and of course, there are differences between countries. Here are just a couple of popular investment options for African investors.

The African Securities Exchanges Association (ASEA) has admitted the Botswana Stock Exchange (BSE) and Ghana Stock Exchange (GSE) to the African Exchanges Linkage Project (AELP). The admission was formalized at an AELP Steering Committee meeting on 31 May 2022 held on the sidelines of the 10th Edition of Building African Financial Markets (BAFM) Seminar hosted by The Central African Stock Exchange (BVMAC) in Douala, Cameroon. Speaking on behalf of the Steering Committee, the Chairman Dr. Edoh Kossi Amenounve said “The admission of the two exchanges is a demonstration of the importance of enlarging the community of exchanges integrated through the AELP. As we have added two members to the current seven Exchanges, we hope that in the coming years, more will join as we seek to have increased participation in the capital markets integration. This shows our commitment as exchanges to put our best effort towards continental integration by facilitating cross-border securities trading and movement of capital. I would therefore like to congratulate the Botswana Stock Exchange and Ghana Stock Exchange and officially admit them to the AELP.”

The African Securities Exchanges Association (ASEA) is inching closer towards integrating the African capital markets by facilitating cross-border trading and free movement of investments in the continent.