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I was looking at https://en.wikipedia.org/wiki/List_of_African_stock_exchanges https://en.wikipedia.org/wiki/List_of_African_stock_exchange... recently and was
by 7373737373 4y ago
I was looking at https://en.wikipedia.org/wiki/List_of_African_stock_exchanges https://en.wikipedia.org/wiki/List_of_African_stock_exchange... recently and was wondering how developing nations even manage to acquire the necessary know-how and resources to connect to the financial system.
Analog markets seem to be one of the earliest types of "civilizational infrastructure" to emerge, at least once there is a road or shipping route available. But in countries where mainframes have never existed, and computing and the internet are both relatively recent technology, this must be a huge challenge!
- mike_hearn 4y agoPlenty of people in Africa who can do that sort of work. But there are big networks of brokers and intermediaries who will translate for you between paper based systems and the electronic world, or provide white-label services and so on.