Africa:
Investors should find it easier to get information about Africa’s blue-chip companies after the launch late in 2005 of a new African index, Ai ABC Index.
“Leading African economies are expected to grow at 5% to 8% a year, thus emphasizing the potential for African stock markets,” says Sunil Benimadhu, chief executive of the Stock Exchange of Mauritius, who was a guest speaker at the London launch of the index at the end of November. The SEM’s market capitalization has increased from $93 million in 1989 to $2.5
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