Absa Africa Financial Markets Index 2020 set for mid October

By George Mangula

The Official Monetary and Financial Institutions Forum (OMFIF) and Absa will have an on-the-record virtual launch for the fourth edition of the Absa Africa Financial Markets Index on October 14, 2020, officials say.

 According to a brief media statement, the event will include a keynote address, a presentation of findings and a panel discussion featuring policy-makers and practitioners from across Africa and beyond. The panel will discuss the findings of the report – expanded this year to cover 23 economies – and reflect on opportunities and challenges in financial market development. “Key topics will be conditions for foreign investment and prospects for regional integration and sustainable growth in Africa in the aftermath of the pandemic.” 

The fourth annual Absa Africa Financial Markets Index, according to OMFIF, records the openness to foreign investment in countries across the continent. It is a premier indicator of the attractiveness and flexibility of Africa’s capital markets, for use by policy-makers, investors and asset managers around the world. The index serves as a benchmark for the state of Africa’s financial infrastructure and is a valuable instrument to enhance market depth, deepen access to foreign exchange and improve market transparency.