How stock markets can develop Africa: African stock exchanges are currently in their infant stages, but they should not give up. After all, both New York and the London Stock Exchanges took centuries to develop.

New African › Nbr. 2001, November 2001

Author: Osei-Kuffour, Paul

Position:: Na Market/Futures - Economic development

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Summary

Na Market/Futures - Economic development

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How stock markets can develop Africa: African stock exchanges are currently in their infant stages, but they should not give up. After all, both New York and the London Stock Exchanges took centuries to develop.

The capital marker is a title given to the market where long-term finance is raised by firms and by local and national governments.

Companies raise their long-term finance through the issue of shares and loan stocks to members of the public and to institutional investors. The stock markets are therefore vital to firms...

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