To buy or sell stocks, bonds, futures, options or other securities, you need to place an order through a third party that can transact business with the exchange where the security is traded. The primary option would be to find a broker, investment advisor or exchange member that is authorized to place trades on an African exchange.
A stock broker or commodity broker could be local to where the exchange is located, outside of the country where the exchange is located or it could even be an online trading platform. Dependent upon where you want to invest, it may be challenging to understand your trading options so it is helpful to utilize a broker listing resource to know what your best options may be.
Our broker listing resource is country specific to where the exchange is located. There are brokers, investment advisors and trading platform options for African exchanges in Algeria, Botswana, Cameroon, Cape Verde, Côte D’Ivoire (Region Exchange), Egypt, Ethiopia, Gabon (Regional Exchange), Ghana, Kenya, Libya, Madagascar, Malawi, Mauritius, Morocco, Mozambique, Namibia, Nigeria, Rwanda, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Tunisia, Uganda, Zambia and Zimbabwe.
To learn more about which brokers have the ability to trade in each country, click on a country link above to begin your search.
Foreign direct investment (FDI) inflows to Africa are expected to increase to approximately $65 billion in 2017 due to oil prices and possible increases in non-oil FDI. Announced FDI projects in 2016 were high in real estate, natural gas, infrastructure, renewable energy, chemicals and automotive.
While infrastructure challenges remain a large hurdle, massive investments are being made to improve ports and airports. Companies that can connect Africans and markets are showing success.
Africa is shifting from a continent of shortfalls to one of opportunity and ventures. There is a rapidly growing youth population and a drive toward urbanization that will see over 50% of the population move to cities by 2050. The middle class is growing with educated, urban professionals who are young and brand focused. In Africa, the largest economic force is the small and medium enterprises (SME), which are working to meet the growing demand.
Africa leads the world in mobile adoption, which may be in part due to infrastructure issues. Mobile devices help rural locations to better interact with business centers and with advancing mobile payment networks, it is becoming easier and more efficient to transact business in Africa.
African trade barriers are falling and intra-Africa trade has large potential. With the Continental Free Trade Area (CFTA) act, even some of the smallest economies in Africa will benefit.
Nigeria has significant natural resources, which provides large investment opportunities. They have mineral resources that include coal, tin, iron ore and others. There is a strong commodity presence that includes groundnuts, palm oil, cocoa and coconut. In addition, Nigeria is one of the largest oil producers on the continent, which creates huge inflows of foreign investment.
Egypt is one of the largest and most developed economies in the African region. In 2016, it had a gross domestic product (GDP) of $336 billion, which was 2nd to Nigeria in Africa. It is widely considered to be a major frontier market and a member of the Next Eleven (N-11) economies.