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

Open pit quarry. Photo @ Unsplash
Why Africa must set the rules in the U.S.–China minerals race
Read More »
Prime Minister Abiy Ahmed inaugurated the dam. Photo by Office of the Prime Minister - Ethiopia
Can Ethiopia’s economic reform momentum survive its debt crisis?
Read More »
Sunset over the Cromarty Firth - famous for the shipping forecast and the place where oil rigs go to retire. Photo by Ben Wicks @ Unsplash
Nigeria’s oil output plunges 3% to 1.58mn bpd as strikes hit production
Read More »

Recent Politics

Meknes, Morocco Photo @ Unsplash
Morocco’s Gen Z protests reignite nationwide for reform
Read More »
Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death unites Kenya in grief as tributes pour in
Read More »
Former Ghana Vice President Dr Mahamudu Bawumia Photo courtesy of Campaign Office of Bawumia/Facebook
Will Bawumia’s lead survive Ghana’s opposition NPP primaries?
Read More »

Latest Posts

Latest news insights