Khartoum Stock Exchange (KSE): Best Sustainable Securities Exchange North Africa 2017

Set up in 1994 with technical assistance from the International Finance Corporation (IFC – a member of the World Bank group), the Khartoum Stock Exchange (KSE) boasts 53 listed companies with a combined market value in excess of $5bn. Since 2007, the exchange is a full member of the African Market Union and features a secondary market alongside its main board. The KSE is the principal venue for the launch and trade of Sharia-compliant products such as sukuk (bonds) and musharaka certificates issued by the government of Sudan.

With a growing number of regional cross listings and cooperation protocols with sister exchanges in place, the KSE has solidified its position as a major trade hub. In 2011, the KSE joined the Association of Arab Stock Exchanges, paving the way for a growth in intraregional trade. That same year, the KSE embarked on a major expansion project to include electronic trading. Transaction volumes have increased steadily since.

With regular IPOs, the Khartoum Stock Exchange has enabled local businesses to raise capital and thus benefit from the economic upswing currently underway.

The CFI.co judging panel recognises the importance of the KSE as an engine of economic development not only for Sudan but also for the wider region. The KSE has put into place the technical and regulatory infrastructure needed to sustain its already impressive growth. The judges are pleased to offer the Khartoum Stock Exchange the 2017 Best Sustainable Securities Exchange North Africa Award.

marten

Recent Posts

Dubai World Trade Centre: Champion of Global Business and Trade Ecosystems EMEA 2025

For over four decades, Dubai World Trade Centre (DWTC) has been a cornerstone of Dubai’s…

1 week ago

Krungthai Bank PCL: Best Social Impact Bank Thailand 2025

Krungthai Bank PCL plays a pivotal role in driving sustainable economic and social development in…

2 weeks ago

Région Île-de-France: Best Green Bond Thought Leadership Team Global 2025 & Best in Class Bond Issuer Global 2025

Région Île-de-France demonstrates a steadfast commitment to sustainable finance, playing a pioneering and influential role…

1 month ago

Spectrum Asset Management: Excellence in Preferred Securities Portfolio Management Global 2025

Spectrum Asset Management is a leading institutional manager specialising in preferred and capital securities, with…

1 month ago

Moody’s Ratings: Best Credit Risk Analysis LATAM 2025

Moody’s Ratings is a globally recognised leader in credit ratings, research and risk analysis, with…

1 month ago

La Trobe Financial: Best Investment Management Team Australia 2025

La Trobe Financial has cemented its reputation as Australia’s premier alternative asset manager, demonstrating a…

2 months ago