This study examines thecausal relationship between stock market performance and economicrngrowth in selected African countrieswhich already haveimplemented stock exchange market forrnthe period 2004-2018 using annual secondary data obtained from world development indicator.rnThe major objective was to empirically analyze using granger causality test and examine the linkrnbetween stock market performance and economic growth i.e. whether stock market performancerncauses economic growth, or it is a result of improved economic activity.Fixed effect estimationrnwas utilized to determine how stock market performance affects economic growth of sampledrncountries based on their market capitalization ratio which was determined by running thernHausman test. The result disclosed that there is a positive and significant relationship betweenrnstock market performance and economic growth in these countries.rnFinally,Granger causality test was used in order to find the direction of causality between stockrnmarket performance and economic growth within the estimated model. The findings depicted thatrnthe causality between economic growth and stock market runs entirely in one direction from thernstock market performance to economic growth. As a result, it was inferred that changes in stockrnexchange of the countries under study reflect the macro economic conditions of the countries andrncan therefore be used to anticipate the future path of economic growth.rnMuch work leftovers to be done to best recognize the relationship between stock marketrnperformance and economic growth. Although this study examines the relevance of stock marketrnperformance on economic growth, it does not investigate the individual country cases norrnanalyses when is the right time for countries to get into stock market implementation.