African Stock Exchanges

African Stock (Securities) Exchanges Live

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Stock quotes and market data for African stock exchangesStock quotes and market data for African stock exchanges

Africa is, without doubt, a region of immense economic potential only hindered by unstable political regimes, weak public institutions, and lackluster policy enactments. However, recent years have seen big strides in these areas making for a positive outlook for the continent. After experiencing its slowest growth in a period of over two decades in 2016, the African economy is set to rebound at an accelerated pace on the back of significant improvements in monetary policies and increased investments in infrastructure. Issuance of sovereign bonds from several countries on international capital markets further attests to the global positive sentiment toward the region. In line with this development, this platform attempts to make easily accessible relevant information on publicly traded companies across the various African stock exchanges to help investors identify the best line of approach to enter the market.

BRVM Stock Exchange

▾ 0.01 (0.01%)
BRVM-CI IndexYear-to-DateMarket Cap.
167.55 (-0.01)-4.69 (2.72%)XOF 4.71Tr

The Bourse Régionale des Valeurs Mobilières (BRVM) is the regional stock exchange of the member states of the West African Economic and Monetary Union, namely, Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. The Exchange is located in Abidjan but maintains market offices in each of the affiliated countries. Being both an economic and political institution, the BRVM is governed by the provisions of the OHADA Uniform Act relating to Commercial Companies and Economic Interest Groups. The operations of the Exchange are entirely digital making it a technical success story on the continent. Dealing members therefore need not be present on the premises of the central office but can engage from their own offices which the bourse guarantees equal access regardless of the economic operator's location.

Ghana Stock Exchange

▾ 16.02 (0.64%)
GSE-CI IndexYear-to-DateMarket Cap.
2,481.91 (-16.02)-90.31 (3.51%)GHS 60.03Bn

The Ghana Stock Exchange (GSE), incorporated in 1989, is the sole secondary capital market in the country. It is governed by a nine-member council consisting of independent members and representatives from dealing members and listed companies. The GSE also operates the Ghana Alternative Market which is aimed at small and medium-sized enterprises. Since its inception, the GSE has undergone several reforms to improve liquidity, enhance efficiency, and attract more investors. The Foreign Exchange Act of 2006 (Act 723), for example, eliminated regulatory limits that affected foreign and non-resident investors allowing free foreign exchange remitability for the original capital plus all capital gains and related earnings, however, subject to an 8% withholding tax which is also the final tax on dividends. This tax applies to all investors, both resident and non-resident. Capital gains on listed securities are, however, exempt from tax.

NASI IndexYear-to-DateMarket Cap.
156.20 (-0.43)+15.77 (11.23%)KES 2.33Tr

The Nairobi Securities Exchange (NSE) is the leading securities exchange in East Africa. It was constituted in 1954 as a voluntary association of stockbrokers registered under the Societies Act. In 2008, the NSE All Share Index (NASI) was introduced as a market capitalization weighted index consisting of all the securities on the exchange, with a base value of 100 as of January 2008. Its attention and measure is therefore on the overall market capitalization rather than the price movements of select counters, effectively making it the benchmark index for the Kenyan stock market. The NSE is a member of the African Securities Exchanges Association and East African Securities Exchanges Association; also an affiliate member of the World Federation of Exchanges.

NSE-ASI IndexYear-to-DateMarket Cap.
32,190.05 (-0.02)+759.55 (2.42%)NGN 12.10Tr

The Nigerian Stock Exchange (NSE), founded in 1960 as the Lagos Stock Exchange, services the largest economy in Africa. It provides access to capital for Nigerian and international companies that take advantage of the capital market to fund their strategic business expansion. A registered company limited by guarantee, the NSE is regulated by the Securities and Exchange Commission of Nigeria and licensed under the Investments and Securities Act. All listings are included in the NSE All-Share Index, which was formulated in January 1984 with a base value of 100. Only ordinary shares are included in the computation of this index. The NSE is a founding member of the African Securities Exchanges Association and also a foundation member of the World Economic Forum.

Zimbabwe Stock Exchange

▴ 1.01 (0.67%)
ZSE-ASI IndexYear-to-DateMarket Cap.
152.22 (+1.01)+5.98 (4.09%)USD 19.12Bn

History of the Zimbabwe Stock Exchange (ZSE) dates back to 1896 when Cecil Rhodes founded the first exchange in Bulawayo. However, the ZSE's true antecedent is the one founded in 1946 by Alfred Mulock Bentley; and after the Zimbabwe Stock Exchange Act was passed into law in 1976, the modern-day ZSE came into being. In 1993, certain regulations were repealed to allow foreign participation on the exchange though limited by a maximum holding of 15% individually or 49% collectively in any listed company. Today, the ZSE operates under the oversight of the Securities and Exchange Commission of Zimbabwe (SECZ) which in 2009 established an investor protection fund to provide compensation to whoever suffers losses as a direct consequence of malpractice on the part of a market player or in the event of insolvency. The SECZ, as a statutory body, also determines the level of capitalization required for members of the Exchange.

Index of African Stock Exchanges:

  1. BRVM Stock Exchange
  2. Botswana Stock Exchange
  3. Ghana Stock Exchange
  4. Lusaka Stock Exchange
  5. Malawi Stock Exchange
  6. Nairobi Securities Exchange
  7. Nigerian Stock Exchange
  8. Zimbabwe Stock Exchange

Comments (26)

  1. J. E. AsuquoJ. E. Asuquo
    May 26, 2018 19:14 GMT

    I really want to commend the Management of AFX for the huge database of information and accurate feeds provided on this site.

    Bravo! Keep it up!

    Dec 4, 2018 06:20 GMT

    Great work Michael,please can you assist me with annual stock market capitalization data (1990-2016) or annual stock market index for stock markets in Africa for my MPhil Economics Thesis. Thank you and hoping to hear from you soon

  3. Lennox de RondeLennox de Ronde
    Sep 15, 2018 12:19 GMT

    Any tips on how you van invest on african stock exchanges from europe more specifically the Netherlands

  4. Popoola AzeezPopoola Azeez
    Aug 8, 2018 07:06 GMT

    Please, how can a Nigeria invest in share of other Africa country

  5. SamuelSamuel
    Jul 1, 2018 00:46 GMT

    Please why don't i see the PEG ratio and other financial ratios such as ROE under the Growth and Valuation Table for a listed company; e.g CLYD on the GSE?

    1. Michael KwayisiMichael Kwayisi
      Jul 1, 2018 02:56 GMT

      Actually, such ratios used to be available but quite a number of them were detected to be inaccurate regarding the latest financial statements of the concerning companies. In the effort to provide trusted information, they were all entirely removed while the data feed sources were verified for improved accuracy. So, in short, they will be available again once the ongoing verification process is completed and the accuracy of the data can be vouched for to a reasonable degree.

  6. lebohang Makhoa SAlebohang Makhoa SA
    Jun 15, 2018 08:29 GMT

    HI michael, if you dont mind me asking, how do you get access to this information ?
    is there a process to be followed or? if possible we could communicate via email as well.

    1. Michael KwayisiMichael Kwayisi
      Jun 15, 2018 19:23 GMT

      They are all open information available on the exchange floors of the various stock exchanges. However, since not everyone can be there, some decide to sell it to generate additional revenue for the bourse (e.g., ZSE); others distribute it to their dealing members (e.g., GSE); while others freely publish it on their website (e.g., BRVM). Still, if you can't get it directly from the exchange, a market maker may have it.

  7. JohnJohn
    Feb 8, 2018 13:04 GMT

    Love this site keep up the good
    From London

  8. rajiraji
    Jan 31, 2018 18:05 GMT

    a great job indeed. Infact, this project (website) really inspired and reassured me that i can acheive my own set goals. Keep it up man, more grace to your elbow.

  9. ralmo davidralmo david
    Dec 12, 2017 00:00 GMT

    hi, i just discover your blog and i want ask you one question.
    is it possible to get daily data from Nigeria stock exchange from 2004 to 2016

    1. Michael KwayisiMichael Kwayisi
      Dec 15, 2017 10:19 GMT

      All available daily data (indices and stock prices) can be found in the Nigerian Stock Exchange section in the charts. If you however would like to download it in an Excel format or such, that feature is not available at the moment.

    Apr 19, 2017 17:59 GMT


    1. Michael KwayisiMichael Kwayisi
      Apr 20, 2017 09:06 GMT

      Which particular ‘All Share Index’? Almost every stock exchange has an all-share index.

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