Search

Ethiopia Set to Launch First Stock Exchange in Over 40 Years

Ethiopia Set to Launch First Stock Exchange
  • Ethiopian Securities Exchange (ESX) set to debut in mid-November, marking a major milestone in the country’s economic liberalisation
  • ESX expected to attract local and foreign investors, with over 50 companies anticipated to list

Addis Ababa, Ethiopia – Ethiopia is poised for a major milestone in its economic transformation with the upcoming launch of the Ethiopian Securities Exchange (ESX) in mid-November 2024. This will be the country’s first stock exchange since the socialist revolution of 1974. Under Prime Minister Abiy Ahmed, who has championed economic liberalisation since 2018, the ESX is designed to foster a vibrant capital market and attract both local and foreign investors to participate in Ethiopia’s economic growth.

You need an active subscription to continue reading this article.

Recent Business

1732898040519_miningwatch-portugal-YG0qc-e6hgg-unsplash
Are African countries aware of their own mineral wealth?
Read More »
Donald Trump on a newspaper @ Unsplash
Why Trump–Putin talks provide big stakes for Africa’s trade
Read More »
Bond market. Photo by Ozkan Guner @ Unsplash
IFC issues $16.6m bond in Rwanda to boost private sector growth
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »
Photo by Hassan Kibwana @ Unsplash | Kenya protest
Ruto allies vow to ‘rig’ Kenya 2027 election
Read More »
Photo by Aliaksei Lepik @ Unsplash Port
US, Russia jostle for influence at Togo’s growing seaport
Read More »

Latest Posts

Latest news insights