Harnessing African Stock Exchanges to Promote Growth
As European economies struggle with a debt crisis and sluggish growth is expected in the US and elsewhere, investors are eyeing Africa as the next frontier. The challenge however is to identify the best avenue for entering the market; the African stock exchanges may hold some advantages, as the World Bank reckons that investors can expect some of the highest investment returns in the world.
There are 23 stock exchanges in Africa today, up from 18 a decade ago. The newest is the Rwanda Stock Exchange (with four listed companies), which officially opened its doors to the public about three years ago.
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