African stock exchanges: making big strides | beyondbrics

African stock exchanges: making big strides | beyondbrics:

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There is plenty of investment appetite for African stocks among institutional investors, and the continent’s financial markets are taking notice.

Nigeria, South Africa, Kenya and Angola have all recently pushed ahead with plans to deepen and improve their financial markets. But there is still a long way to go.

Recently the Nigerian Stock Exchange (NSE) announced bold plans to target 500 companies for initial public offerings over the next five years. The Johannesburg Stock Exchange (JSE) unveiled technology that will offer traders speedier access to the equity market. Kenya’s main bourse is making big strides. Angola, meanwhile, has introduced new laws to govern future financial markets."

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