Capital Markets

The Ghanaian capital markets showed promising signs of a steady recovery over the course of 2017, as the country saw an improvement in key macroeconomic indicators. Moreover, a return to strong growth, along with the steady issuance of new government bonds, has provided a boost to the Ghana Stock Exchange (GSE). The country’s capital markets are benefitting from a wide range of reforms, including to pensions, which swill help loosen domestic capital and improve liquidity, listings and trading. As the country begins a new cycle of growth and investment, the GSE is likely to play an increasingly important role in financing domestic development.

The chapter contains an interview with Kofi Yamoah, Managing Director, Ghana Stock Exchange; and a viewpoint from Roger Adjovu, General Manager, Liberty Capital.