New Namimbian Securities Exchange

Namibia is establishing a new securities exchange. the Namibian Stock Exchange will be joined by NamFin-X. NamFin-X will provide a source of revenue through capital raising for small to medium enterprises in Namibia. It will be member of the World Federation of Exchanges as well.

Along with Angola and Namibia, a new commodities exchange is being developed in East Africa. The EAX will begin trading commodities in Rwanda first then expand with hubs in all of the East African countries.

Many exciting things in the capital Markets of Africa!
  

New Financial Instruments East Africa

East Africa is developing new financial instruments to trade on their exchanges. According to Bloomberg,  the Nairobi Stock Exchange is acquiring regulatory approval for REITS and other futures instruments as well as Exchange Traded funds (ETF).

This is a brave new world for East Africa and new regulatory advances will follow. Institutional investors will be very interested to see firm investor protections in place to support investment in these new areas. In addition, dispute resolution processes available for potential conflict would be hugely beneficial for exchanges to continue to develop.   

Obama's trip to Africa has raised the stakes for new financial innovation on the continent!