(1) Manuscripts should be typewritten using double-spacing throughout, including tables, references, and footnotes. Assemble sections in the following order

Title page (Separate Page)
Abstract (Separate Page)
Text (Including Tables & Figures)
References
Appendix

(2) Three single-sided copies should be sent to the Executive Editor, African Finance Journal, Africagrowth Research, P.O. Box 3628, Tygervalley, 7536, South Africa.

Or

One electronic copy in Microsoft Word Format should be sent to the Assistant Editor: dina@africagrowth.com

(3)  The Title page should include the name(s) of the author(s), and institutional affiliation for each author. It should also include name, address, telephone number and email of the author responsible for correspondence, as well as the name, address of the author to whom requests for reprints should be sent.

(4)  Each article should include an Abstract of no more than 100 words, beginning on a separate page. The text should also begin on a separate page. The first numbered section should follow the Abstract of the article.

Footnotes should be kept to a minimum and placed at the bottom of the page on which they are cited. Do not number author affiliations or acknowledgements of support or assistance.

(5)  Tables and Figures should be placed on the page on which it is first referred to or as close as possible to such page and should be numbered sequentially with Arabic numerals.  Each should be designed to fit on a page without undue compression.  Authors may use a “landscape” page setup for tables.
It should be as self-explanatory as possible, incorporating any necessary descriptive material in an unnumbered footnote.

Tables -  The table number and heading are displayed above the table, in bold typed and left aligned.

Figures -  All explanatory material should be included in the legend and not in the figure itself. The figure number and heading are displayed below the figure, in bold typed and left aligned. 

(6) Headings are numbered and formatted as follows:
1. MAIN HEADING (bold)
1.1 Sub Heading (bold)
1.1.1 Minor Heading (italics)

(7) References: the Harvard method must be used, namely short references in the text and more detailed references arranged in alphabetical order at the end of the manuscript (follow the guidelines below).

References in the text:  Omit the page numbers if the entire publication is referred to (Cane, 1980); or … according to Cane (1987b).  If a quotation is cited, (Abraham, 1985: 2).

The list of references should be double-spaced, in unnumbered alphabetical format and should begin on a new page.

Hakansson, N. (1979): "A Characterization of Optimal Multiperiod Portfolio Policies", in Portfolio Theory, 25 Years After: Essays in Honor of Harry Markowitz, eds. E. Elton and M. Gruber Amsterdam: North-Holland, pp. 169-177

Gibbons, M. R., Ross, S. A. and Shanken, J. (1989): “A Test of the Efficiency of a Given Portfolio” Econometrica, 57(4), pp.1121-1152.

Merton, R. C. (1990): Continuous-Time Finance. Cambridge: Basil Blackwell.

Norton, C. (2000): “African Capital Market: The way forward”, Working Paper, the University of Stellenbosch, South Africa.