On Friday, Oct. 13, in co-sponsorship with IAfS, the OMFIF and Barclays Africa Group Limited met with several IAfS faculty affiliates and other experts in the field to discuss key findings from the Barclays Africa Financial Markets Index. Key report findings are as follows:
– The Index finds that South Africa, Mauritius and Botswana lead African countries by displaying openness for capital markets transactions and direct investment.
– Development in financial market depth is important for commodity exporters as they seek to diversify their economies to new sectors.
– Other countries are growing fast from a low base. Ethiopia has outperformed other countries in GDP growth prospects and is projected to grow fastest among the African countries studied in the report.
– The Index shares results of a survey conducted with 60 key institutions operating throughout Africa, accumulating their views on market conditions and the regulatory framework of the African economies covered in the report.
Read more here.