Ghana Stock Exchange Named Best in West Africa for Economic Growth
Ghana Stock Exchange Named Best in West Africa for Economic Growth
- GSE has been recognized as the best stock exchange in West Africa
- This move aims to simplify the process for companies seeking capital
- The GSE is also committed to long-term ESG goals
The Ghana Stock Exchange (GSE) has been recognized as the best stock exchange in West Africa for its consistent efforts to drive economic growth and support sustainable development both in Ghana and beyond.
In a statement, CFi.co praised GSE for its strategic innovation and resilience, highlighting several key advancements, such as the introduction of over-the-counter (OTC) trading services.
This move aims to simplify the process for companies seeking capital. The exchange has also expanded its product offerings, including a commercial paper market that allows companies to access short-term financing, and a dedicated sustainable market segment aligned with international environmental, social, and governance (ESG) standards.
GSE has firmly established itself as a critical platform for capital raising and investment, offering a variety of initiatives to support diverse investor groups. These include financial literacy programs and technology-driven platforms that enhance market accessibility.
The exchange’s partnerships with government bodies and key institutions further strengthen good governance and foster a broader, more inclusive investor base, encouraging increased local participation.
The GSE is also committed to long-term ESG goals and is an active participant in the Sustainable Stock Exchanges Initiative, a global platform promoting sustainable investment.
Abena Amoah, Managing Director of the Ghana Stock Exchange, responded to the award by saying, “We are honored to be recognized by CFi.co as the Best Stock Exchange for Economic Growth in West Africa 2024. This award reflects our commitment to fostering innovation, economic growth, and creating opportunities for our stakeholders. It motivates us to continue driving excellence and empowering businesses in Ghana and across the region.”
The GSE’s forward-thinking strategy reflects its ambitious vision to create a robust and inclusive capital market that drives both corporate and economic transformation in Ghana. By aligning with regional and continental initiatives, the exchange aims to channel domestic savings into productive local projects, solidifying its position as a key player in Africa’s evolving financial landscape.
The CFi.co Judging Panel congratulated the Ghana Stock Exchange for winning the 2024 award for Best Stock Exchange for Economic Growth in West Africa.
