12 OCTOBER 2023

Absa Africa Financial
Markets Index 2023

Absa Africa Financial Markets Index 2023

Absa Africa Financial Markets Index has shone a crucial light on the opportunities for investment in the region. It is now returning for its
seventh edition. The index is a vital part of policymakers’ and market participants’ toolkits and a benchmark for
international investors looking to commit to the region.

AFMI 2023

The index, produced by OMFIF and sponsored by Absa, has expanded this year to record the openness and attractiveness of 28 countries across the continent to foreign investment based on six fundamental pillars:

  1. Market depth
  2. Access to foreign exchange
  3. Market transparency, tax and the regulatory environment
  4. Capacity of local investors
  5. Macroeconomic opportunity
  6. Legality and enforceability of standard financial markets master agreements

We are once again proud to bring you this report, which through expert analysis of African financial markets, draws attention to the considerable investment opportunities that live right here in Africa.

Now on its seventh edition, the Absa Africa Financial Markets Index (AFMI) evaluates countries’ financial development based on measures of market accessibility, openness and transparency.

Meet the team

Anthony-Kirui

Anthony Kirui

Head Global Markets, Absa Regional Operations

Jeff-Gable

Jeff Gable

Head: Macro and Fixed Income Research, Absa

Nikhil

Nikhil Sanghani

Managing Director of Research, OMFIF

Arunima

Arunima Sharan

Senior Research Analyst, OMFIF

Katerina

Katerina Liu

Research Analyst, OMFIF

Ed

Edward Maling

Research Analyst, OMFIF

Watch the broadcast of the Africa Financial Markets Index Launch 2023 which took place in Marrakech on the 12th of October 2023

Download the 2023 AFMI Index launch report

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AFMI 2023

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Absa Africa Financial Markets Index 2023

Absa Africa Financial Markets Index has shone a crucial light on the opportunities for investment in the region.

EVENTS

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Absa Africa Financial Markets Index 2022

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REPORT

Absa Africa Financial Markets Index 2021

No other report dives deeper into Africa’s true potential. 23 surveyed economies, with insights and tools across 6 metrics – geared towards highlighting Africa’s growth potential.

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Africa Financial Markets Index 2018

The continent’s financial markets have remained resilient and innovative amid slowing worldwide growth after the synchronised upturn of 2017. However, they remain fragmented and shallow compared to their equivalents in Latin America and Asia.

REPORT

Africa Financial Markets Index 2019

The continent’s challenges are clearly visible, and its countries are crafting actionable solutions. Highlighting the positive developments in market infrastructure and the fostering of market Growth, The 2019 Absa Africa Financial Markets Index report assesses progress and potential across six key pillars:

REPORT

Africa Financial Markets Index 2020

The 2020 Absa Africa Financial Markets Index report launch will provide an in-depth look into the continent’s financial markets.