This is already apparent from the rapid growth made by most African stock exchanges in 2012 and 2013. The pan-African MSCI Africa index, which excludes South Africa, increased by 38% in 2012 and 18% in 2013, although most analysts suggest that similarly fast growth is unlikely this year.There seems no obvious reason for a big fall in prices but much will depend on international interest in African stocks. Equity funds focused on sub-Saharan Africa attracted more than $3bn in 2012 but this figure fell to just $1bn last year.However, Razia Khan, the head of Africa Research at Standard Chartered, says that the prospect of smaller stimulus programmes in North America and Europe is not a great danger, adding: “It’s more about the growth story locally. The Africa growth story is consistent, the impact will still be positive- See more at: http://africanbusinessmagazine.com/sector-reports/africas-top-250-companies/#sthash.vLXnoC5J.dpuf

What an eye opener

all4naija:
Fake list! Yet Nigeria's GDP is larger than that of SA.

According to which source?