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NameGhana Stock Exchange
Number of listed companies37
Domestic market capitalization3,056 million US$
SSE Partner ExchangeYes
Has annual sustainability reportNo
ESG reporting required as a listing ruleNo
Has written guidance on ESG reportingYes

Reporting requirements are in the GSE ESG Disclosure Guidance Manual

Offers ESG related trainingYes

Capacity building programmes are organized in collaboration with GRI and IFC. (source)

Market covered by sustainability-related indexNo
Has sustainability bond listing segmentNo
Has SME listing platformYes
  • Ghana Alternative Market (GAX) is the market segment of the GSE dedicated to SMEs. It was established in 2013 and counts with six companies listed on it. This market was created with incentives to assist SMEs as well as start up businesses to raise capital to expansion and growth.

Women on boards mandatory minimum ruleNo
Additional information
Organizational model of stock exchange
  • Not for Profit

Regulatory bodies

Regulatory model
  • Strong exchange SRO

About the stock exchange

Established thirty-one years ago, the Ghana Stock Exchange has played a significant role in the countrys economic growth. It was established with the mission to be a relevant, significant, efficient, and effective tool for capital mobilization and wealth creation. Just as other markets in Africa, the stock market has emerged as a major provider of investment capital inflow in Ghana. It operates three namely, the equity market which is the main Market, the Ghana Fixed Income Market (GFIM) which is the Bonds Market and the Ghana Alternative Market (GAX) which is the Market for Small and Medium businesses. For more information visit