The Namibian Stock Exchange (NSX), originally founded in 1904, is one of the oldest stock exchanges in Africa. It was officially relaunched on September 30, 1992 in Windhoek, Namibia with one dual listed company and one stockbroker. As of July 2016, there are more than 30 listed companies, several of which are mining, and 4 exchange traded funds (ETFs).
The NSX is the second biggest stock exchange in Africa in terms of market capitalisation, as it has been making use of the Johannesburg Stock Exchange’s equity trading systems and services to trade, clear and settle it’s securities.
In 2016, the International Finance Corporation (IFC) raised about $12 million in bonds, which was used for private sector development in the country. This showed the faith of the international investing community in a market like the NSX.