REPORT | OCTOBER 2018 Driving inclusive growth across Africa Absa | Corporate and Investment Banking > Insights and Events > Africa Financial Markets Index 2018 SHARE Africa Financial Markets Index 2018 Taking you further into Africa than ever before 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. The second edition of the Absa Africa Financial Markets Index, produced by OMFIF, draws attention to the considerable investment opportunities and untapped market potential of countries across the continent. The report assesses progress and potential across six key areas: Pillar 1Market depth Examines size, liquidity and diversity of products in markets, as well as countries' efforts to merge exchanges and launch new markets. Pillar 2Access to foreign exchange Looks at factors that impact market's accessibility to international investors, including the severity of capital controls, exchange rate reporting standards and levels of foreign exchange liquidity. Pillar 3Market transparency, tax and regulatory environment Assesses countries' regulatory and tax environment for financial markets, as well as transparency and enforcement of accounting rules. Pillar 4Capacity of local investors Examines the sizeof local investors, assessing the level of local demand against supply of assets available in each market. Pillar 5Macroeconomic opportunity Evaluates economic performance, financial risks and financial transparency, demonstrated availability of data, open monetary policy communication and the timely release of state budgets. Pillar 6Legality and enforceability of standard financial markets master agreements Measures how well countries have adopted internationally accepted legal standards, the enforcement of netting and collateral positions, and insolvency regime adequacy. Download the report Full Name Company e-mail address I would like to receive marketing communications from Absa CIB Download By clicking Download, I confirm that I have read and accepted the Terms of Use and Privacy Statement. https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Reports RISK MANAGEMENT Widespread progress in African financial markets Absa Africa Financial Markets Index scores rise for majority of the countries Read more RISK MANAGEMENT Africa’s promising financial future is in its own hands Jeff Gable, Chief Economist and Anthony Kirui, Head of Global Markets, Ex.SA at Absa CIB explore the current state of Africa’s financial market development and emphasise why recent progress is likely to lead to improved access to financing in the years ahead. Read more AFMI 2023 AFMI highlights Africa is already unlocking its potential The release of the seventh iteration of the Absa Africa Financial Markets Index (AFMI) demonstrates that the continent is rapidly maturing and is no longer simply taking the first steps on a developmental journey. Instead, we can see clear signs that the true potential of the continent is being unlocked. Read more
