List of African stock exchanges

This is a list of stock exchanges in Africa.

A composite satellite image of Africa

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

Africa has two regional stock exchanges: the Bourse Régionale des Valeurs Mobilières, or BRVM, located in Abidjan; and the Bourse des Valeurs Mobilières de l'Afrique Centrale [fr], or BVMAC, located in Libreville, Gabon. The BRVM serves the countries of Benin, Burkina Faso, Guinea Bissau, Ivory Coast, Mali, Niger, Senegal and Togo; the BVMAC serves the Central African Republic, Chad, Democratic Republic of Congo, Equatorial Guinea and Gabon.

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 5th largest exchange in Africa, while Johannesburg Stock Exchange (1st), the Nigerian Stock Exchange, the Namibian Stock Exchange (NSX), Zimbabwe Stock Exchange make up the 4 biggest ones on the continent.

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
  Botswana Botswana Stock Exchange* Gaborone 1989 44 BSE
  Cameroon Douala Stock Exchange* Douala 2001 2 DSX
  Cape Verde Bolsa de Valores de Cabo Verde* Mindelo 2005 BVC
  Egypt Egyptian Exchange* Cairo, Alexandria 1883 265 EGX Nasdaq[2]
  Gabon Bourse des Valeurs Mobilières de l'Afrique Centrale Libreville 2003 BVMAC
  Ghana Ghana Stock Exchange* Accra 1990 37 GSE
  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
  Mauritius Stock Exchange of Mauritius Port Louis 1988 170 SEM Millenium Information Technology[3]
  Morocco Casablanca Stock Exchange* Casablanca 1929 81 Casa SE
  Mozambique Bolsa de Valores de Mozambique* Maputo 1999 BVM
  Namibia Namibia Stock Exchange* Windhoek 1992 47 NSX
  Nigeria Abuja Securities and Commodities Exchange Abuja 1998 ASCE
Nigerian Stock Exchange* Lagos 1960 223 NSE Nasdaq[4]
  Rwanda Rwanda Stock Exchange Kigali 2011 10 RSE
East Africa Exchange Kigali EAX
  Seychelles Merj Exchange Limited Victoria 2012 48 MERJ
  Somalia Somali Stock Exchange Mogadishu 2015 2 SSE
  South Africa JSE Limited* Johannesburg 1887 388 JSE
A2X Markets Johannesburg 2017[5] 40 A2X
4 Africa Exchange Johannesburg 2017 5 4AX
ZAR X Johannesburg 2016 ZARX
Equity Express Securities Exchange Johannesburg 2017 EESE
  Sudan Khartoum Stock Exchange* Khartoum 1994 54 KSE
  Eswatini Swaziland Stock Exchange* Mbabane 1990 10 SSX
  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

See alsoEdit


  1. ^ Tadesse, Fasika (2021-01-26). "Ethiopia: Stock Exchange to Be Operational Through PPP". Retrieved 2021-02-15.
  2. ^ "Egyptian exchange selects Nasdaq OMX engine".
  3. ^ "SEM Trading System operator".
  4. ^ "Nasdaq and Nigerian Stock Exchange (NSE) Sign New Trading Technology Agreement".
  5. ^ "Three JSE-listed firms use the new A2X as secondary listing, on first day of trade". BusinessLIVE. Retrieved 2019-04-30.