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Analysis & opinionJanuary 2 2019

Nikhil Rathi: Capital markets development is key to Africa’s growth

Only by developing its local capital markets can Africa gain access to global investment, which would enable the continent's countries to combat climate change, build infrastructure and support its wide range of companies, says London Stock Exchange CEO Nikhil Rathi.
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It was 80 years ago when the first African company listed on London Stock Exchange; today there are 110 listed in London, with a market capitalisation of nearly $200bn. 

Over the past three years London Stock Exchange Group’s Africa advisory group, a body of distinguished African thought leaders, has worked with decision makers, regulators and businesses across the African continent, looking at how to increase global investment flows and create deep and sustainable capital markets for Africa. 

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