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<p>The Department for International Development (DFID) provides assistance to African stock exchanges in a number of areas, typically channelled through multi-donor Trusts whose purpose is to develop the financial sector. For example, in Tanzania DFID and other donors support the stock exchange regulator to develop a new market segment at the Dar es Salaam Stock Exchange called the Enterprise Growth Market, which is similar to the Alternative Investment Market at the London Stock Exchange. In Ethiopia, the DFID-supported Investment Climate Facility for Africa is helping to modernise the Ethiopian Commodity Exchange by introducing risk management instruments, facilitating trade and increasing members' access to online trading. In Southern Africa, DFID has provided support to the Committee of Southern African Development Community Stock Exchanges to develop business plans to improve the integration of capital markets in the region.</p> |