African Stock Markets: A Complete Guide to Every Major Exchange in Africa (2026)
Africa is home to some of the world's most dynamic and fastest-growing capital markets. From the century-old Johannesburg Stock Exchange to the rapidly expanding Nigerian Exchange Group, the continent's stock markets represent a combined market capitalisation running into tens of trillions of dollars — and yet they remain largely invisible to the global financial press.
Africa is home to some of the world's most dynamic and fastest-growing capital markets. From the century-old Johannesburg Stock Exchange to the rapidly expanding Nigerian Exchange Group, the continent's stock markets represent a combined market capitalisation running into tens of trillions of dollars — and yet they remain largely invisible to the global financial press.
This guide covers every major African stock exchange, what each one tracks, how to access its data, and why it matters for investors, developers, and institutions tracking the continent's economic trajectory.
How Many Stock Exchanges Are in Africa?
Africa has 54 countries and 38 recognised stock exchanges. Of these, roughly a dozen are active, liquid, and regularly covered by institutional investors. The five largest by market capitalisation are the Johannesburg Stock Exchange (JSE), the Egyptian Exchange (EGX), the Nigerian Exchange Group (NGX), the Casablanca Stock Exchange (CSE), and the Nairobi Securities Exchange (NSE).
At Mansa Markets, we currently track live data across 9 African exchanges — with more coming as we expand coverage.
The Major African Stock Exchanges
1. Johannesburg Stock Exchange (JSE) — South Africa
The JSE is Africa's largest stock exchange by a wide margin, with a market capitalisation exceeding ZAR 18 trillion. Founded in 1887 during the South African gold rush, it lists over 430 companies across equities, bonds, derivatives and ETFs. The JSE's benchmark index is the JSE All Share Index, which tracks all listed equities.
→ View JSE live data on Mansa Markets
2. Egyptian Exchange (EGX) — Egypt
The Egyptian Exchange is the second largest in Africa, with over 250 listed companies and a market cap exceeding EGP 1.2 trillion. Its benchmark is the EGX 30, a market-cap weighted index of the 30 most actively traded companies in Egypt. The EGX is one of the oldest exchanges on the continent, with roots tracing back to the Alexandria Stock Exchange founded in 1883.
→ View EGX data on Mansa Markets
3. Nigerian Exchange Group (NGX) — Nigeria
The NGX is West Africa's largest stock exchange and the most actively traded market on the continent by retail investor participation. With over 148 listed companies and a combined market cap exceeding ₦58 trillion, the NGX tracks the economic pulse of Africa's largest economy. Its benchmark is the NGX All-Share Index (ASI), which recently crossed the historic 200,000 point milestone.
For the most complete NGX data — including live prices, historical charts, and the NGX API — visit NGX Pulse, Nigeria's dedicated stock market data platform. NGX Pulse is a product of Mansa Markets.
→ View NGX live data on Mansa Markets
4. Casablanca Stock Exchange (CSE) — Morocco
The Casablanca Stock Exchange is the gateway to North African and Francophone African capital markets. With over 75 listed companies and the MASI index as its benchmark, the CSE has attracted significant foreign institutional interest in recent years, particularly from Gulf sovereign wealth funds.
→ View CSE data on Mansa Markets
5. Nairobi Securities Exchange (NSE) — Kenya
The NSE is East Africa's primary capital market and one of the continent's most technologically advanced exchanges. It lists 56 companies and is home to major pan-African financial institutions including Safaricom, East African Breweries, and Equity Group. Its benchmark indices include the NSE 20, NSE 25, and NSE All-Share Index.
→ View NSE live data on Mansa Markets
6. Ghana Stock Exchange (GSE) — Ghana
The GSE has been one of the world's best-performing stock exchanges in recent years, with the GSE Composite Index gaining over 154% year-to-date through early 2026. It lists 38 companies including MTN Ghana, GCB Bank, and Tullow Oil. The GSE is the primary exchange for West African investors outside of Nigeria.
→ View GSE live data on Mansa Markets
7. Bourse Régionale des Valeurs Mobilières (BRVM) — Ivory Coast
Unique among African exchanges, the BRVM is a regional exchange serving eight West African countries simultaneously — Ivory Coast, Senegal, Burkina Faso, Mali, Guinea-Bissau, Niger, Togo and Benin. All transactions are denominated in CFA Francs (XOF). The BRVM Composite Index tracks 47 listed securities.
→ View BRVM live data on Mansa Markets
8. Lusaka Securities Exchange (LuSE) — Zambia
The LuSE is Zambia's primary capital market, listing 23 companies across banking, mining, agriculture and manufacturing. It has seen strong performance in recent years driven by copper price appreciation and growing foreign investor interest in Zambia's natural resource sector.
→ View LuSE live data on Mansa Markets
9. Dar es Salaam Stock Exchange (DSE) — Tanzania
The DSE is East Africa's second most active exchange after the NSE, listing 26 companies. Tanzania's economy has been growing at over 6% annually, making the DSE an increasingly attractive destination for regional and international investors.
→ View DSE data on Mansa Markets
Why Track African Stock Markets?
African stock markets offer characteristics that are increasingly attractive to global institutional investors:
High Growth Potential — Africa's GDP growth rates consistently outpace the global average. Countries like Ethiopia, Tanzania, Rwanda and Ivory Coast have recorded some of the world's fastest economic expansions over the past decade.
Low Correlation — African equity markets have historically low correlation with US and European markets, making them attractive for portfolio diversification.
Demographics — Africa has the world's youngest population. By 2050, the continent will be home to over 2.5 billion people, with a rapidly expanding middle class driving consumption and corporate earnings.
Digital Infrastructure — Mobile money penetration in East and West Africa has created a foundation for rapid financial market development. M-Pesa alone has more users than any traditional bank in sub-Saharan Africa.
How Mansa Markets Tracks African Stock Exchanges
Mansa Markets is built specifically to make African capital market data accessible, beautiful, and developer-friendly. We aggregate live data from every major African exchange, update every 30 minutes during market hours, and provide this data through a clean web interface and a unified developer API.
Our mission is simple: African markets deserve the same quality of data infrastructure that Bloomberg and Refinitiv provide for Western markets. We are building that infrastructure — from Lagos.
→ Explore all African markets on Mansa Markets