List of African stock exchanges

From Wikipedia, the free encyclopedia

The Johannesburg Stock Exchange, the largest stock exchange in Africa

There are 29 exchanges in Africa, representing 38 nations' capital markets.

21 of the 29 stock exchanges in Africa are members of the African Securities Exchanges Association (ASEA). ASEA members are indicated below by an asterisk (*).

The Egyptian Exchange (EGX), founded in 1883, is the oldest stock exchange in Africa. One of the oldest bourses (exchanges) on the continent is the Casablanca Stock Exchange of Morocco, founded in 1929 and the JSE Limited in 1887. Today the Casablanca stock exchange, in Morocco is the 3rd largest exchange in Africa, while Johannesburg Stock Exchange is the first, and the Nigerian Stock Exchange (NSE) is the second.[citation needed]

There are several notable countries on the continent that do not have a stock exchange. The most notable is Ethiopia, although it does have a commodities exchange in Addis Ababa. In January 2021 a capital market bill was tabled to Ethiopian lawmakers that would establish a stock exchange through a public-private partnership.[1]


Economy Exchange Location Founded Listings Link Technology
 Algeria Algiers Stock Exchange Algiers 1997 5 SGBV
 Angola Angola Debt and Stock Exchange Luanda 2016 Bodiva InfoTech Capizar[2]
 Botswana Botswana Stock Exchange* Gaborone 1989 44 BSE
 Cameroon Douala Stock Exchange* Douala 2001 2 DSX
 Cape Verde Bolsa de Valores de Cabo Verde* Praia 1998 BVC
 Egypt Egyptian Exchange* Cairo, Alexandria 1883 265 EGX Nasdaq[3]
 Gabon Bourse des Valeurs Mobilières de l'Afrique Centrale Libreville 2003 BVMAC
 Ghana Ghana Stock Exchange* Accra 1990 37 GSE InfoTech Capizar[4][5]
 Ivory Coast Bourse Régionale des Valeurs Mobilières* Abidjan 1998 39 BRVM
 Kenya Nairobi Securities Exchange* Nairobi 1954 64 NSE
 Lesotho Maseru Securities Exchange* Maseru 2016 MSM
 Libya Libyan Stock Market* Tripoli 2007 7 LSM
 Malawi Malawi Stock Exchange* Blantyre 1995 14 MSE InfoTech Capizar[6][7]
 Mauritius Stock Exchange of Mauritius Port Louis 1988 170 SEM Millenium Information Technology[8]
 Morocco Casablanca Stock Exchange* Casablanca 1929 81 Casa SE
 Mozambique Bolsa de Valores de Moçambique* Maputo 1999 BVM
 Namibia Namibian Stock Exchange* Windhoek 1992 47 NSX
 Nigeria Abuja Securities and Commodities Exchange Abuja 1998 ASCE
Nigerian Exchange Group Lagos 1960 223 NGX Nasdaq[9]
 Rwanda Rwanda Stock Exchange Kigali 2011 10 RSE InfoTech Capizar[10]
East Africa Exchange Kigali EAX
 Seychelles Merj Exchange Limited Victoria 2012 48 MERJ
 Somalia Somali Stock Exchange Mogadishu 2015 7 SSE
 South Africa JSE Limited* Johannesburg 1887 388 JSE
A2X Markets* Johannesburg 2017[11] 169 A2X
ZAR X Johannesburg 2016 7[12] ZARX
Equity Express Securities Exchange Johannesburg 2017 EESE
Cape Town Stock Exchange* Cape Town 2017 (2021) 9[13][needs update] CTSE
 Sudan Khartoum Stock Exchange* Khartoum 1994 54 KSE
 Eswatini Eswatini Stock Exchange* Mbabane 1990 10 ESE
 Tanzania Dar es Salaam Stock Exchange* Dar es Salaam 1998 25 DSE
 Tunisia Bourse de Tunis* Tunis 1969 56 BVMT
 Uganda Uganda Securities Exchange* Kampala 1997 17 USE
ALTX East Africa Exchange Kampala 2013 3 ALTX
 Zambia Agricultural Commodities Exchange of Zambia Lusaka 2007 ZAMACE
Lusaka Stock Exchange* Lusaka 1994 24 LuSE
Africa Digital Stock Exchange Ltd Zambia 2018 5 ADSEL
 Zimbabwe Zimbabwe Stock Exchange* Harare 1948 64 ZSE InfoTech Capizar[14][15]
Victoria Falls Stock Exchange Victoria Falls 2020 13 VFEX InfoTech Capizar
Finsec Harare 2019 1 FINSEC
 Ethiopia Ethiopia Securities Exchange Ethiopia Under formation

See also[edit]


  1. ^ Tadesse, Fasika (2021-01-26). "Ethiopia: Stock Exchange to Be Operational Through PPP". Retrieved 2021-02-15.
  2. ^ Release, Press (2021-10-21). "InfoTech's Capizar Suite Goes Live at Angola Stock Exchange". Retrieved 2022-01-25.
  3. ^ "Egyptian exchange selects Nasdaq OMX engine".
  4. ^ "Ghana Stock Exchange implements automated stock trading system". Dispatch News Desk. 2015-11-11. Retrieved 2022-01-25.
  5. ^ INFOTECH - Ghana Stock Exchange TV Coverage, retrieved 2022-01-25
  6. ^ "Malawi Stock Exchange to start automated trading in May". African Capital Markets News. Retrieved 2022-01-25.
  7. ^ "InfoTech set to deploy a turn-key automation at Malawi Stock Exchange – Business Recorder". Retrieved 2022-01-25.
  8. ^ "SEM Trading System operator".
  9. ^ "Nasdaq and Nigerian Stock Exchange (NSE) Sign New Trading Technology Agreement".
  10. ^ African, James Anyanzwa | The East. "Tanzania, Rwanda and Uganda to implement a single stock market". african markets. Retrieved 2022-01-25.
  11. ^ "Three JSE-listed firms use the new A2X as secondary listing, on first day of trade". BusinessLIVE. Retrieved 2019-04-30.
  12. ^ "ZAR X Listed Securities". ZAR X. Retrieved 2021-08-10.
  13. ^ "Cape Town is getting its own stock exchange – with seven listed companies". BusinessInsider. Retrieved 2021-09-30.
  14. ^ "Zimbabwe stock exchange moving to electronic trading and CSD". African Capital Markets News. Retrieved 2022-01-25.
  15. ^ Infotech installs Capizar ATS for Zimbabwe Stock Exchange, retrieved 2022-01-25