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.

Recent Business

Boats in Senegal Guet Ndar, Saint Louis, Senegal
Senegal’s oil output hits 36.1mn barrels as Sangomar field beats 2025 forecasts
Read More »
Busy airport. Photo by Duc Van @ Unsplash
Africa leads global aviation recovery as passenger demand jumps 11.2%
Read More »
peter-mitchell-lZLgqIiFHSw-unsplash
Tanzania central bank holds rates at 5.75% as gold windfall supports growth
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights