Stock exchanges in Africa must integrate trading systems and innovative to attract more investors and help deepen as well as widen the economic integration process in Africa. The move will also promote the movement of capital across the continent, increase investment opportunities and encourage optimum financing for firms, irrespective of where they come from, experts have said.
The conference which attracted over 300 sector experts and policy-makers seeks to enhance competitiveness of security exchanges to boost their contribution to the continent’s GDP. This year’s theme is, “The Road to 2030: making the African Capital Markets Relevant to the real economy”. Rwanda is hosting the annual meeting for the first time.
Rwanda’s equity market capitalisation to GDP ratio stood at 32.93 per cent in 2015 compared to 48 per cent in Kenya. In monetary value, the country’s stock exchange has kept a steady performance in the last five years, registering a market capitalisation of almost $4.2 billion of 2015.
The Rwanda Stock Exchange (RSE) market capitalisation was at Rwf2.751 trillion at the close of yesterday’s trading session compared to Rwf2.820 trillion on January 4, 2016.
(source http://www.newtimes.co.rw/section/article/2016-11-29/205780/)