Africa ETF News
Economic reforms are tempting finance back to Ethiopia and Zambia
August 15, 2024--Pockets of the African continent have found ways of giving new confidence to investors and the World Bank and IMF |
| Among the latter, financial markets are most familiar with South Africa, Kenya and Nigeria. In each, reform of the real economy is under way but has hit the constraints of patronage politics. The people don't trust their governments with the higher taxes without which the state remains dependent upon rising indebtedness. Meanwhile, unnoticed by the markets, Ethiopia and Zambia are embracing sustainable reforms, in each case big enough to warrant investor interest. |
| Source: ft.com |
Africa: Climate-ECA Reveals Africa Loses Up to 5 Percent of GDPSeptember 4, 2024--The United Nations Economic Commission for Africa (ECA), the World Meteorological Organization (WMO) and the African Union Commission, jointly announced the continent Africa needs urgent and increased investment in climate adaptation and resilience. |
Uganda joins African exchanges linkAugust 27, 2024--The Uganda Securities Exchange (USE) has become the tenth African securities exchange to join the African Exchanges Linkage Project (AELP). The linkage platform enables stockbrokers on participating exchanges to send orders on behalf of their clients to stockbrokers on other exchanges, who will buy and sell shares on those exchanges.
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