What Role for Stock Exchanges, Venture Capital and Leasing Companies in Developing the Private Sector in Africa?

  • Mike Faber


Outside an office on the second floor of the Kingsway Building, Kwame Nkrumah Avenue, Accra a bright sign cheerfully invites the visitor ‘Buy a Company Today’. It is the office of the Ghana Stock Exchange (GSE). In fact, it is not possible to buy a company through the GSE — any more than it would be feasible to do so through most of Sub-Saharan Africa’s other Emerging Market exchanges.1 What it is possible for African investors to do is to buy shares, and therefore partial ownership, of a range of publicly quoted companies. How important a step forward is that?


Stock Market Venture Capital Stock Exchange Pension Fund Equity Capital 


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Copyright information

© Charles Harvey 1996

Authors and Affiliations

  • Mike Faber

There are no affiliations available

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