Stock Markets in Africa
Without major recognition by the big capital markets and capital flows as well 18 stock exchanges have been established in Africa. Among them is one - almost unique of its type - uniting the 8 francophone countries of the CFA-zone. This page should just serve for giving a brief idea. For more information we suggest the African Stock Markets Handbook, that can be downloaded at the UNDP-Website.
Below find a spread sheet showing the performance of stock markets in Sub-Saharan Africa in US-Dollar, not in local currency, for better comparison. Compared to the overall performance of world stock markets in recent years it is not too bad. The cumulative figures include also dividends.
Cumulative performance of Sub-Saharan markets
Updated 8/2003 Stock Market Index 1 year 2 years 5 years Botswana BSE 41,8%; 96,1% 225,5% West Africa BVRM 27,4%; 58,0% 27,0% Ghana GSE 33,3%; 56,9% -5,9% Kenya NSE 7,7%; 3,9% -34,2% Mauritius SEMDEX 30,8%; 22,5% 17,7% Namibia NSX -15,8%; -44,5% -77,2% Nigeria NSE 7,6%; 38,0% 42,7% Zambia LuSE 9,9%; -17,1% -26,1% Zimbabwe ZSE -52,2%; -59,9% -78,15% South Africa JSE 27,9%; 5,7% -0,4%
Source: African Stock Market Handbook, UNDP
Traded values and listed companies
Updated 8/2003
Stock Market | Index | Number of listed companies | Traded values in Mill. USD |
Algeria | LA | 3 | <0,5 |
Botswana | BSE | 19 | 62 |
Cote d´Ivoire | BRVM | 38 | 16 |
Egypt | CMA | 1151 | 7362 |
Ghana | GSE | 24 | 11 |
Kenya | NSE | 50 | 36 |
Malawi | MSE | 8 | 3 |
Mauritius | SEMDEX | 40 | 59 |
Morocco | All Share | 56 | 922 |
Namibia | NSX | 13 | 192 |
Nigeria | NSE | 195 | 468 |
South Africa | JSE | 472 | 76792 |
Swaziland | SSX | 5 | <0,5 |
Tanzania | LA All Share | 5 | 19 |
Tunesia | Tunindex | 46 | 704 |
Uganda | LA All Share | 3 | 1 |
Zambia | LuSE | 11 | 2 |
Zimbabwe | ZSE | 77 | 131 |
Source: African Stock Market Handbook, UNDP
Addresses
Algeria
Bourse d’Alger (c/o Société de Gestion de la Bourse de Valeurs)
27 Blvd Colonel Amiroushe
Fon: 00213 21 63 4813
Fax: 00213 21 63 4799
Botswana
Botswana Stock Exchange
2nd Floor U N Place
Khama Crescent, Gaborone
P.O.Box 00417, Gaborone
Fon: 00267 30 5190
Fax: 00267 37 4079
West Africa
Bourse Régionale des Valeurs Mobilières S.A. (BRVM)
18, Rue Joseph Anoma (Rue des Banques)
Abidjan - Côte d'Ivoire
Fon: 00225 20 32 6685
Fax: 00225 20 32 6684
Egypt
Cairo and Alexandria Stock Exchanges
4A, El Sherifein Street
Down Town, Cairo
Fon: 0020 2 392 1447
Fax: 0020 2 392 4214
Ghana
Ghana Stock Exchange
5th Floor, Cedi House, Liberia Road
Accra, Ghana
P. O. Box 1849
Fon: 00233 21 669 908
Fax: 00233 21 669 913
Kenya
Nairobi Stock Exchange
Nation Centre 1st Floor Kimathi Street,
Nairobi
P.O. Box 43633
Fon: 00254 20 230 692
Fax: 00254 20 224 200
Malawi
Malawi Stock Exchange
Old Reserve Bank Building,
Victoria Avenue
P.O.Box 270, Blantyre,
Malawi
Fon: 00265 1 624 233
Fax: 00265 1 623 636
Mauritius
Stock Exchange of Mauritius
2nd. Floor, Les Cascades Building 33,
Edith Cavell Street, Port Louis
Republic of Mauritius
Fon: 00230 212 9541
Fax: 00230 208 8409
Morocco
Bourse de Casablanca
Angle Avenue des Forces Armées Royales
et Rue Arrachid Mohamed,
Casablanca, MAROC
Fon: 00212 22 452 626
Fax: 00212 22 452 625
Namibia
Namibian Stock Exchange
Shop 8, Kaiserkrone Centre,
Post Street Mall,
PO Box 2401,
Windhoek, Namibia
Fon: 00264 61 227 647
Fax: 00264 61 248 531
Nigeria
Nigerian Stock Exchange
8th, 9th, & 11th Floors,
Stock Exchange House, 2/4 Customs Street,
PO Box 2457, Lagos,
Nigeria
Fon: 00234 1 266 0287
Fax: 00234 1 266 8724
South Africa
JSE Securities Exchange
One Exchange Square,
Gwen Lane, Sandown, 2196
P.O. Box X991174, Sandton, 2146,
Republic of South Africa
Fon: 0027 11 520 7777
Fax:
Swaziland
Swaziland Stock Exchange
c/o Capital Markets Development Unit
1st Floor Imfumbe Building,
Central Bank of Swaziland
Warner Street,
P.O. Box 546
Mbabane
Swaziland
Fon: 00268 404 9491
Fax: 00268 404 9493
Tanzania
Dar-es-Salaam Stock Exchange
Twiga Building, 4th Floor
Samora Avenue
P.O. Box 70081
Dar-es-Salaam, Tanzania
Fon: 00255 21 213 5779
Fax: 00255 21 213 3849
Tunisia
Bourse de Tunis
Centre Babel, Escalier E Montplaisir
Tunis, Belvedere
1002 Tunisia
Fon: 00216 71 786 912
Fax: 00216 71 789 189
Uganda
Uganda Securities Exchange Ltd
Plot 4, Nile Avenue EADB Building, Ground Floor
P.O. Box 23552,
Kampala, Uganda
Fon: 00256 41 343 297
Fax: 00256 41 342 841
Zambia
Lusaka Stock Exchange
3rd Floor Central, Stand 2713
Famers House Building,
Corner Cairo Road & Church Road
PO Box 34523,
Lusaka, Zambia
Fon: 00260 1 22 8391
Fax: 00260 1 22 5969
Zimbabwe
Zimbabwe Stock Exchange
8th Floor, Southampton House,
Union Avenue
P O Box U.A. 234
Harare, Zimbabwe
Fon: 00263 4 736 861
Fax: 00263 4 791045