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Investors look to stock exchanges to tap African growth

These bourses offer African firms a means to access Western capital in a stable, transparent environment

The JSE is the largest by market capitalisation, more than four times as much as its nearest rival Nigeria.


FACING subdued growth at home, a growing number of Western investors are now looking to Africa's "frontier markets" for high returns and hoping the continent's budding exchanges can help them tap the growth.

The IMF predicts sub-Saharan Africa's economy will expand by 5.1 per