Africa’s economic ascent continues unabated, with six of the world’s ten fastest-growing economies now located on the continent.
As sectors like technology, consumer goods, and infrastructure drive unprecedented expansion, the custodians of this transformation sit in the executive suites of Africa’s stock exchanges.
These CEOs and Managing Directors, through a combination of expertise, opportunity, and strategic positioning, now help the institutions that power Africa’s economic infrastructure.
From the historic Johannesburg Stock Exchange to the rapidly growing Nigerian Exchange, these leaders represent diverse backgrounds but share the privilege of guiding markets that collectively surpassed $1.4 trillion in capitalization.
Their boardrooms make decisions affecting millions of investors, from local pension funds to international institutions seeking African exposure. This profile examines the select group of CEOs and MDs entrusted with steering these vital financial institutions.
From capturing the market capitalization of the exchanges, to the last three-month percentage growth so far in 2025. Let’s take a look.
- Market cap: $15.16 billion (KES 1.96 trillion)
- YTD: 16.33%
- Stock listed: 65
Frank Mwiti is the Chief Executive Officer of the Nairobi Securities Exchange Plc (NSE), bringing over two decades of global and regional experience in finance, strategy, and governance. His expertise spans corporate finance, M&A, investment banking, business development, and performance improvement.
- Prior to his appointment, Mwiti served as a Partner and Eastern Africa Markets Leader at Ernst & Young (EY), where he led strategy and business development across eight countries, including Kenya, Ethiopia, and Uganda.
- He previously held senior roles at UBS Investment Bank, Deutsche Bank, EY, and PwC in London.
- Mwiti is also the founder of Afrika Kapital, a UK-based advisory firm that works with global investment banks, hedge funds, and private equity firms across major financial markets, including New York, Frankfurt, and Singapore.
- He holds an Executive Management qualification from MIT, a Law degree from the University of Nairobi, and is a member of the Institute of Certified Public Accountants of Kenya (ICPAK).
The NSE, founded in 1954, is East Africa’s leading stock exchange. Headquartered in Nairobi, it provides a platform for local and international investors. Mwiti’s appointment signals a renewed focus on regional integration and global competitiveness.
