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African equity capital markets activity see downward turn, but increase in domestic investors - Making Finance Work for Africa partnership and...

Data presented from  the PricewaterhouseCoopers (PwC) Nigeria 2019 African Capital Market Watch, which reviewed the performance of Africa’s capital markets between 2010 and the first quarter of 2020, shows that African equity capital markets activity have seen a downward trajectory over the past three years as major economies on the continent are faced with fiscal challenges due to growing debt levels and slow economic growth.

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