Absa Africa Financial Markets Index 2023

 Absa has launched their Africa Financial Markets Index for 2023. The purpose of the index is to show how economies can reduce barriers to investment and boost sustainable growth. The report shows that despite the challenges ahead, Africa is steadily gaining momentum on a path to socio-economic prosperity through its continued development within ESG market frameworks, digital technologies and strengthening legal frameworks. 

With support from the United Nations Economic Commission for Africa, coverage in this year’s report has grown to 28 countries with the addition of Cabo Verde and Tunisia. The index now encompasses approximately 80% of the population and gross domestic product of Africa.