Capital Markets’ Development: Are African Countries Lagging?

Thaddee M. Badibanga ()
Additional contact information
Thaddee M. Badibanga: Bowie State University

Chapter Chapter 13 in Monetary and Financial Systems in Africa, 2022, pp 283-314 from Springer

Abstract: Abstract The chapter discusses the issue of the limited African capital markets that constrain the development of Africa. The capital markets are underdeveloped and are thin. African capital markets have great potential but they are experiencing severe problems, including low capitalization, low liquidity, and a shortlist of participating companies on the stock exchange. There is, therefore, an urgent need for the right policies to speed the development of capital markets. Accordingly, the most urgent ones are the reinforcement of institutional capacity to enforce contracts and commercial regulations, the creation of electronic registry systems of property ownership, the reinforcement of monetary policy, the diversification of financial portfolio options, and the creation of secondary markets.

Keywords: African capital markets; Thin; Stock exchange; Commercial regulations; Financial portfolio; Secondary markets (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-96225-8_13

Ordering information: This item can be ordered from
http://www.springer.com/9783030962258

DOI: 10.1007/978-3-030-96225-8_13

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().