RT Journal Article SR Electronic T1 Exchange-Traded Funds in Africa—Challenges and Opportunities JF ETFs and Indexing FD Institutional Investor Journals SP 131 OP 134 VO 2012 IS 1 A1 Vladimir Nedeljkovic YR 2012 UL http://guides.pm-research.com/content/2012/1/131.abstract AB The exchange-traded fund (ETF) picture in Africa is a study of contrasts. The South African ETF market is relatively developed with 31 ETFs listed and approximately USD 4.75 billion in assets under management. However, Africa (ex-South Africa) has only three ETFs currently listed, and all three are secondary listings of ETFs with a primary listing in South Africa. This article briefly discusses the reasons behind this low level of penetration of ETFs in the African (ex-South Africa) markets, challenges experienced in introducing ETFs into the African markets, as well as the opportunities that ETFs can bring.