Morocco’s Bourse de Casablanca and the Egyptian Exchange both delivered double-digit gains, while smaller exchanges such as the Rwanda Stock Exchange and the Ghana Stock Exchange posted solid upward moves. The standout performers of 2025Find more insights at IntelpointGhana (+133.86%): A stunning repricingThe year’s most dramatic rally came from the Ghana Stock Exchange. Market capitalisation climbed from an average of $6.6 billion in Q1 to $15.5 billion in Q4, a 133.86% surge. Ghana Stock ExchangeThe Ghana Stock Exchange, which delivered the strongest performance among tracked exchanges in 2025, has also opened the new year with modest gains. After a year in which market capitalisation more than doubled, the early months of 2026 appear to reflect consolidation rather than another immediate surge.

Source: The North Africa Journal March 16, 2026 16:50 UTC