The Democratic Republic of Congo (DRC) has signed a partnership agreement with the International Finance Corporation to support the creation of the Kinshasa Stock Exchange, moving the mineral-rich Central African nation closer to launching its first securities exchange and one of Africa’s newest bourses.
The development comes over a year after Ethiopia launched its own stock exchange in January 2025. With Ethiopia’s Securities Exchange (ESX) now hosting four listed companies, Africa has about 30 operational stock exchanges, with the ESX currently the continent’s youngest.
The DRC’s push into capital markets follows its debut on international debt markets earlier this year. In April, the country raised $1.25 billion through its first-ever Eurobond issuance, marking the first time it had borrowed in a foreign currency on global capital markets.
The transaction, the first debut Eurobond by an African sovereign since 2019, was structured in two tranches: a five-year note maturing in 2032
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