Best Stockbrokers in Africa

Country-by-country guides to the regulated brokers that let you buy shares on each African stock exchange. Each guide covers fintech and traditional brokers, how to open an account, KYC documents, fees, dividend tax, and FAQs, written for retail investors, diaspora, and institutional capital.

NGX · Nigeria

Best Stockbrokers in Nigeria

Nigeria's stock market is West Africa's largest by listings and the second-largest in sub-Saharan Africa by market capitalisation.

7 brokersRegulator: Securities and Exchange
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NSE Kenya · Kenya

Best Stockbrokers in Kenya

Kenya's NSE is East Africa's most active market.

7 brokersRegulator: Capital Markets Authority
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GSE · Ghana

Best Stockbrokers in Ghana

The GSE is small by listings count but has been one of the world's best-performing exchanges in recent years.

5 brokersRegulator: Securities and Exchange
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JSE · South Africa

Best Stockbrokers in South Africa

The JSE is Africa's deepest and most liquid stock market, and the friendliest market on the continent for foreign retail investors to set up from abroad.

5 brokersRegulator: Financial Sector Conduct
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EGX · Egypt

Best Stockbrokers in Egypt

The EGX is Africa's second-largest stock market by capitalisation and one of the oldest, tracing back to the Alexandria bourse founded in 1883.

7 brokersRegulator: Financial Regulatory Authority
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CSE · Morocco

Best Stockbrokers in Morocco

The Casablanca Stock Exchange is the gateway to North African and Francophone African capital markets, with over 75 listed companies and the MASI as its benchmark index.

7 brokersRegulator: Autorité Marocaine du
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BRVM · Ivory Coast (BRVM)

Best Stockbrokers in Ivory Coast (BRVM)

The BRVM is the unified regional stock exchange of the West African Economic and Monetary Union (UEMOA): Côte d'Ivoire, Senegal, Burkina Faso, Mali, Niger, Togo, Benin, and Guinea-Bissau.

7 brokersRegulator: Conseil Régional de
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SEM · Mauritius

Best Stockbrokers in Mauritius

Mauritius runs one of Africa's most welcoming foreign-investor regimes: zero withholding tax on dividends, zero capital gains tax on listed equity, and a fully convertible Mauritian Rupee.

6 brokersRegulator: Financial Services Commission
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DSE · Tanzania

Best Stockbrokers in Tanzania

The DSE is East Africa's second-most-active exchange after the NSE, with approximately 26 listed companies and growing foreign interest in Tanzania's commodities and consumer goods sectors.

5 brokersRegulator: Capital Markets and
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LuSE · Zambia

Best Stockbrokers in Zambia

The LuSE is Zambia's primary capital market, listing roughly 23 companies across banking, mining, agriculture, and manufacturing.

4 brokersRegulator: Securities and Exchange
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BSE · Botswana

Best Stockbrokers in Botswana

The BSE is one of the more stable African exchanges thanks to Botswana's investment-grade credit rating and prudent macro management.

4 brokersRegulator: Non-Bank Financial Institutions
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USE · Uganda

Best Stockbrokers in Uganda

The USE is East Africa's third-largest exchange, with cross-listings from the NSE Kenya and a domestic universe of about 17 companies.

5 brokersRegulator: Capital Markets Authority
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RSE · Rwanda

Best Stockbrokers in Rwanda

The RSE is a small but governance-strong East African market, with 10 listed companies and several cross-listings from the NSE Kenya.

5 brokersRegulator: Capital Market Authority
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MSE · Malawi

Best Stockbrokers in Malawi

The MSE is one of Africa's smaller exchanges with about 16 listed companies, dominated by banking, tobacco, and consumer goods names.

3 brokersRegulator: Reserve Bank of
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NSX · Namibia

Best Stockbrokers in Namibia

The NSX has a unique structure: most listings are dual-listed companies from the JSE (South Africa), which means investors get JSE-grade liquidity through a Namibian regulatory wrapper.

4 brokersRegulator: Namibia Financial Institutions
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ESE · Eswatini

Best Stockbrokers in Eswatini

The Eswatini Stock Exchange is one of Africa's smallest by listings, only six companies, but offers a unique window into the Common Monetary Area (Lilangeni pegged to Rand).

2 brokersRegulator: Financial Services Regulatory
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BVMT · Tunisia

Best Stockbrokers in Tunisia

The Bourse de Tunis (BVMT) is one of North Africa's longer-established markets, with about 80 listed companies dominated by banking, industrial, and consumer goods names.

5 brokersRegulator: Conseil du Marché
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SGBV · Algeria

Best Stockbrokers in Algeria

The SGBV is one of Africa's smallest and least active stock exchanges, with only a handful of listed companies.

4 brokersRegulator: Commission d'Organisation et
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ZSE · Zimbabwe

Best Stockbrokers in Zimbabwe

The ZSE has historically been one of Africa's better-performing markets when adjusted for local currency, but Zimbabwe's macroeconomic volatility, currency, inflation, and policy, makes it a market for sophisticated investors only.

5 brokersRegulator: Securities and Exchange
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BVC · Cape Verde

Best Stockbrokers in Cape Verde

The BVC is one of Africa's smallest stock exchanges, with only a handful of listed equities.

2 brokersRegulator: Auditoria Geral do
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BVMAC · Central Africa (CEMAC)

Best Stockbrokers in Central Africa (CEMAC)

The BVMAC is the single regional securities exchange for the six-nation CEMAC bloc — Cameroon, Gabon, Congo-Brazzaville, Chad, the Central African Republic and Equatorial Guinea.

7 brokersRegulator: Commission de Surveillance
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Live market data for every exchange

See live stock prices, indices, and corporate disclosures across every exchange we track , or jump straight to a country market page from any broker guide above.