There are 29 exchanges in Africa, representing 38 nations' capital markets.
One of the oldest bourses (exchanges) on the continent is the Casablanca Stock Exchange of Morocco, founded in 1929 and the JSE Limited in 1887 and Nairobi Securities Exchange in Kenya founded in1954.
There are several notable countries on the continent that do not have a stock exchange.
The most notable is Ethiopia, although it does have a commodities exchange in Addis Ababa.
In January 2021 a capital market bill was tabled to Ethiopian lawmakers that would establish a stock exchange through a public-private partnership.