Abidjan bourse leads the world.(regional stock exchange in Abidjan, Cote d'Ivoire)

African Business | January 1, 1999| | Copyright

Africa has taken the lead where others, especially Europe expect to follow. Emmanuel Moors de Giorgio describes the setting up of the world's first regional stock exchange, in Abidjan and explains its significance to the regional economy.

It's mid-November 1998 and the French Ministry of Finance is witnessing a flurry of activity. People are running left and right as if this bastion of perennial power had been ravaged by hurricane Mitch. In a moment, the Minister in charge will announce the possible creation of a pan-European market for shares that would dwarf the ...

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