Financial markets in Africa - statistics & facts
Africa is a continent with two financial identities. The first is Sub-Saharan Africa (SSA), a multi-polar group of economies which are often more connected to global markets than to their neighbors. On the other side of the Sahara, North Africa is tied to the Middle East through cultural ties, including a shared language and dominant religion. As such, many analysts consider the swath of countries from Morocco to Somalia as part of the Middle East and North Africa (MENA) region. Because Africa’s total assets are relatively low compared to other regions of the world, both these territories are often reported together.
