Financial Times FT.com

Initiatives beat drum for African capital markets

By Tom Burgis in Johannesburg

Published: February 8 2009 17:20 | Last updated: February 8 2009 17:20

Over the coming months, two exchange operators plan to embark on ambitious projects they say could begin to turn Africa’s fractured capital markets into deep pools of sub-Saharan liquidity.

The two initiatives – one for a pan-African commodity bourse, the other to lure the biggest African names to list on the Johannesburg stock exchange – reflect what analysts say is a growing trend to regard the continent as a potential single market for investors.

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