[anubisresources]

There are virtually no publicly traded African companies. There are companies like glencore that have operations here, but they’re still European or Asian companies. If you’re looking to invest in African companies you have to put time in on the ground to find private companies suitable for investment.

[MusaTheRedGuard]

That's just not true. A more accurate statement would be there are very few African companies listed on American stock exchanges. They are still listed in their home country's exchanges

[anubisresources]

The daily trade volume on the Ugandan exchange is ~$18,000. Companies may be “listed”, but good luck actually buying any stock

[MusaTheRedGuard]

Look at the Nigerian stock exchange or the South African stock exchange or the Morrocan Stock exchange.

Obviously financial infrastructure varies a lot from country to country

[sangnoir]

You're shifting goalposts.

[ejanus]

A lot of African owned companies are in London stock market and debts market

[IkmoIkmo]

That's a joke. Look at the Casablanca Stock Exchange, $70b. Egypt $400b. South African about $1 trillion. Daily volume is between $50 - $200 million or so. And no, not just European or Asian companies. Plenty of national infrastructure companies, telecom, banking etc.

[sangnoir]

> There are virtually no publicly traded African companies.

Wow. I'm speechless - how did you arrive at that (incorrect) conclusion? Not only are there plenty of African stock exchanges[1], a lot of publicly traded companies opt to be (dually or exclusively) listed on foreign bourses.

1. https://en.wikipedia.org/wiki/List_of_African_stock_exchange...

[ejanus]

We have viable stock markets across the continent, remember Nasper of South Africa, Nigerian Banks , Dangote cement , and thousands of others.