Africa’s Stock Markets are Becoming a Big Part of the Continent’s Growth Story
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Regions once viewed as small and backward are now attracting attention as hotspots for investment and business growth. Ghana, whose benchmark stock index performed best on the continent last year, is a case in point. The market is poised for bigger gains in 2025 as investors gain confidence in President John Mahama’s incoming administration and its commitment to restoring economic stability. In neighboring Côte d’Ivoire, the BRVM composite stock index – which represents companies in the eight member countries of the West African economy – and Monetary Union – rose 29% in 2024, its biggest gain in three years.