Top 10 African Stock Exchanges by Market Capitalization in 2026

The Johannesburg Stock Exchange is worth about 12 times its nearest African rival, and one exchange serves eight countries. The 2026 market-cap ranking, with figures, vintages and dollar conversions dated.5 Key FactsThe Johannesburg Stock Exchange is worth about $1.43 trillion. That is roughly 12 times the second-ranked exchange, Nigeria’s NGX, and about three times the other nine exchanges combined.