| AELP | African Exchanges Linkage Project |
| Afreximbank | African Export-Import Bank |
| AFRIPOL | African Union Mechanism for Police Cooperation |
| AltX | Alternative Exchange |
| AML | Anti-money Laundering |
| AMMC | Moroccan Capital Market Authority |
| ANGSPE | Agence Nationale de Gestion Stratégique des Participations de l’Etat (National Agency for the Strategic Management of State Holdings) |
| APS | Announced Pledges Scenario |
| ATM | Average time to maturity |
| BCBS | Basel Committee on Banking Supervision |
| BIS | Bank for International Settlements |
| CASP | Crypto-Asset Service Provider |
| CBDC | Central Bank Digital Currency |
| CSD | Central Securities Depository |
| CDS | Credit Default Swap |
| CFT | Countering the Financing of Terrorism |
| CPS | Contributory Pension Scheme |
| CRA | Credit Rating Agencies |
| DeFI | Decentralised Finance |
| DLT | Distributed Ledger Technologies |
| EBITDA | Earnings Before Interest, Taxes, Depreciation and Amortisation |
| EGX | The Egyptian Exchange |
| EIH | Ethiopian Investment Holdings |
| EM | Emerging Markets |
| EMDE | Emerging Markets and Developing Economies |
| ESG | Environmental, Social and Governance |
| ESX | Ethiopian Securities Exchange |
| FATF | Financial Action Task Force |
| FCP | G20/OECD Principles on Financial Consumer Protection |
| FDI | Foreign Direct Investment |
| FinTech | Financial Technology |
| FITCH | Fitch Ratings |
| FMEF | Moroccan Foundation for Financial Education |
| FSB | Financial Stability Board |
| FSCA | Financial Sector Conduct Authority (South Africa) |
| FX | Foreign Exchange |
| GDP | Gross Domestic Product |
| ICT | Information and Communication Technology |
| IEA | International Energy Agency |
| IFRS | International Financial Reporting Standards |
| IMF | International Monetary Fund |
| IOSCO | International Organization of Securities Commissions |
| IPO | Initial Public Offering |
| ISO | International Organization for Standardization |
| JSE | Johannesburg Stock Exchange |
| KYC | Know Your Client |
| LCBM | Local Currency Bond Market |
| MDB | Multilateral Development Bank |
| MSME | Micro, Small and Medium-sized Enterprise |
| NBFI | Non-bank Financial Intermediary |
| NDC | Nationally Determined Contribution |
| NSSF | National Social Security Fund (Uganda) |
| ODA | Official Development Assistance |
| OECD/INFE | OECD International Network on Financial Education |
| PD | Primary Dealer |
| PFMI | Principles for Financial Market Infrastructures |
| PISA | Programme for International Student Assessment |
| PPA | Power Purchase Agreement |
| PPP | Public-private partnership (Chapter 9) |
| PPP | Purchasing Power Parity (Chapter 6) |
| RPT | Related Party Transactions |
| SADC | Southern African Development Community |
| S&P | S&P Global Ratings |
| SEO | Secondary Equity Offering |
| SME | Small and Medium-sized Enterprises |
| SOE | State-owned enterprise |
| SOP | State Ownership Policy |
| SPO | Secondary Public Offering |
| SSA | Sub-Saharan Africa |
| T-bill | Treasury bill |
| TRS | Total Return Swap |
| USD | United States Dollar |
| VASP | Virtual Asset Service Provider |
| WGI | Worldwide Governance Indicators |
Africa Capital Markets Report 2026
