GSE named best Stock Exchange in West Africa
The Ghana Stock Exchange (GSE) has been named the best stock exhange in West Africa for consistently demonstrating a commitment to driving economic growth and supporting sustainable development in Ghana and beyond.
CFi.co in a statement said through strategic innovation and resilience, GSE has made notable advancements, including the introduction of over-the-counter (OTC) trading services, designed to provide a simplified entry point for companies seeking capital.
It highlighted GSE’s expansion of product offerings which also feature a commercial paper market, enabling companies to access short-term financing, and a dedicated sustainable market segment launched in line with international ESG standards.
The Exchange has successfully established itself as a critical platform for capital raising and investment, accommodating diverse investor groups through initiatives like financial literacy programmes and technology-driven platforms for market accessibility.
Additionally, GSE’s partnership with government and key institutions aims to foster good governance and diversify the investor base, encouraging local participation and broader inclusion.
The GSE has also committed to long-term environmental, social, and governance (ESG) goals, becoming an active contributor to the Sustainable Stock Exchanges Initiative, a platform promoting sustainable investment worldwide.
Responding to the award, Abena Amoah, Managing Director of the Exchange, “We are honoured to be recognized by CFi.co as the Best Stock Exchange for Economic Growth in West Africa 2024. This award reflects our unwavering commitment to fostering economic growth, innovation, and opportunities for our stakeholders. It inspires us to continue driving excellence and empowering businesses in Ghana and across the region.”
GSE’s forward-looking strategy reflects an ambitious vision of creating a robust, inclusive capital market that drives both corporate and economic transformation in Ghana. By aligning with regional and continental initiatives, GSE aims to channel domestic savings into productive local projects, positioning itself as a significant player within Africa’s evolving financial landscape.
The CFI.co Judging Panel warmly congratulates Ghana Stock Exchange on winning the 2024 award for Best Stock Exchange for Economic Growth (West Africa).