GSE Adjudged Best Stock Exchange for Economic Growth in West Africa by CFI.co Awards
The Ghana Stock Exchange (GSE) has been adjudged the Best Stock Exchange for Economic Growth in West Africa for 2024 by the prestigious CFI.co Awards.
The accolade recognizes GSE’s unwavering commitment to fostering economic development and promoting sustainability in Ghana and across the region.
According to CFI.co, GSE’s strategic innovations and resilience have significantly bolstered its contribution to the economy. Among its notable advancements is the introduction of over-the-counter (OTC) trading services, which simplify access for companies seeking to raise capital.
Additionally, the GSE has broadened its product offerings to include a commercial paper market, facilitating short-term corporate financing, and a dedicated sustainable market segment developed in accordance with global environmental, social, and governance (ESG) standards.
The Exchange has further distinguished itself by promoting financial inclusion through investor education initiatives and technology-driven platforms aimed at increasing market accessibility.
Through its collaboration with the government and key stakeholders, the GSE has championed governance reforms and worked to diversify its investor base, fostering greater local participation and inclusivity.
As an active member of the Sustainable Stock Exchanges Initiative, the GSE has embraced long-term ESG objectives and reinforced its commitment to driving sustainable investment in Ghana.
By channeling domestic savings into productive projects, it aligns with regional and continental goals to create a robust and inclusive financial ecosystem.
In awarding this recognition, the CFI.co Judging Panel highlighted GSE’s visionary approach, noting its transformative impact on Ghana’s corporate and economic landscape.
The Exchange, by winning the award, has cemented its reputation as a key player in Africa’s evolving financial sector.
The Ghana Stock Exchange’s win underscores its role as a catalyst for economic growth and innovation, setting a benchmark for stock exchanges across the region.
