What will move the needle in terms of faster development of financial markets in Africa? That is the question that was top of my mind as I sat among guests at a Nairobi Hotel this week, listening to speeches during the launch of a new financial markets index by Barclays Bank Africa Group.
The new index, which evaluated financial market development in 17 countries in Africa, ranks financial markets on several parameters including strong contract enforcement policies, market depth and capacity of local investors.
