START HERE · YOUR LEARNING GUIDE
Learn the investing pathway, one question at a time.
New to African stock markets? Follow the lessons in order. Each lesson explains a question you may encounter on the journey from discovering a company to understanding possible investing requirements. You can also jump directly to any topic and return to this guide whenever you want.
Understand the markets→Learn the access requirements→Explore investment research
LESSON 01Why African markets differUnderstand why Africa has multiple exchanges, rules, and currencies.LESSON 02Find an African stock exchangeSearch national and regional exchanges and visit official sources.LESSON 03Check U.S. investor restrictionsLearn why a public listing does not automatically mean you can buy.LESSON 04Understand how shares are heldSee what securities depositories and brokers do.LESSON 05Explore country account requirementsCompare initial steps for Kenya, Nigeria, Botswana, and Ghana.LESSON 06Translate share prices into U.S. dollarsUse a sample currency rate and share quantity to practice price conversion.LESSON 07Recognize international transfer costsLearn about bank fees and currency conversion charges.LESSON 08Follow the money to the marketUnderstand how funds may reach an authorized institution.LESSON 09Understand dividends and sale proceedsLearn what happens when money comes back to the investor.LESSON 10Research an African companyApply what you learned using official disclosures and independent resources.
Helpful starting point
No brokerage account, financial commitment, or prior investing experience is needed to explore these lessons. Exercises and currency rates are illustrative, not live market data or investment advice.