
There are 38 exchanges in Africa, representing 29 nations' capital markets.
22 of the 38 stock exchanges in Africa are members of theAfrican Securities Exchanges Association (ASEA). ASEA members are indicated below by an asterisk (*).
TheEgyptian Exchange (EGX), founded in 1883, is the oldest stock exchange inAfrica. One of the oldest bourses (exchanges) on the continent is theCasablanca Stock Exchange ofMorocco, founded in 1929 and theJSE Limited in 1887 and Nairobi Securities Exchange in Kenya founded in 1954.
Today the top five largest securities exchanges in Africa areJohannesburg Stock Exchange (JSE),Egyptian Exchange (EGX),Nigerian Stock Exchange (NGX),Casablanca stock exchange in Morocco andNairobi Securities Exchange (NSE) in Kenya.
The most recent stock exchange is the Ethiopian Stock Exchange, which opened in 2025. through apublic-private partnership.[1]
There are several notable countries on the continent that do not have a stock exchange.
| Economy | Exchange | Location | Founded | Defunct | Listings | Link |
|---|---|---|---|---|---|---|
| Alexandria Stock Exchange [fr] | Alexandria | 1888 | 1961 | |||
| Bourse des Valeurs d'Abidjan | Abidjan | 1974 | 1997 | |||
| Rwanda Over The Counter Exchange | Kigali | 2008 | 2011 | 3 | ||
| Douala Stock Exchange* | Douala | 2001 | 2019 | 2 | DSX |