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)
- Since 2010, 18 African Cities hold a combined spending power of over $ 1.3 trillion.
Monchange is an exchange for buying and selling contracts that reference Equity Indices and Currencies in Ghana, Kenya and Nigeria.