Ghana SE to set up small business market

The Ghana Stock Exchange ( is to establish a separate market so that smaller businesses can raise capital for expansion. According to a report in Accra Daily Mail (, Ekow Afedzi, Deputy Managing Director of the GSE, said the exchange would work with the Security and Exchange Commission ( and could open the market by the end of the year. It is part of plans to attract more local businesses to list.
“We will create a special market for those companies: rural banks, small companies that want to use the market to raise more capital. Most often Ghanaian companies grow to a certain level and cannot expand anymore. We need to break that and get more companies to raise long term capital,” he said.

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