Monchange enhancing access to African Financial Markets.
Africa is widely viewed as the last frontier. Facts about Africa:-
- Currently, Africa has the least number of conflicts over the last 50 years .There
were 20 wars in Africa in 1999, in 2009 there are 5 wars.
- Africa contains 15% of the world’s population
- In 1999, there were approximately 500,000 mobile phones in Nigeria, in 2009, there
are now 40 million mobile phones.
- 15 of the fastest growing economies in the world in 2009 are in Africa. (Economist
Intelligence Unit)
- Undemocratic regimes in other parts of the world were development oriented while
African hybrid and authoritarian regimes are fundamentally kleptocracies. (Economist
Intelligence Unit)
Monchange is an exchange for buying and selling contracts that reference Equity Indices and Currencies in Ghana, Kenya and Nigeria.