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

marek-studzinski-Dzzs2EFckLk-unsplash
Can diaspora bonds plug Africa’s financing gap?
Read More »
junior-samson-ZY0eI-L-FBc-unsplash
World Bank flags debt risk despite Benin’s rapid growth
Read More »
pexels-langford-kwabena-2841822-28075371
Ghana signals rate cut as inflation hits three-year low
Read More »

Recent Politics

emmanuel-ikwuegbu-T4q6ZPpYjog-unsplash
Tinubu seeks to win back north at Buhari’s funeral
Read More »
pexels-ninthgrid-2149521550-30688912
Nigeria inflation falls again, raising rate cut hopes
Read More »
ivan-bandura-D5kMHGxgZMI-unsplash
Barrick vows to fight Mali gold seizure through legal channels
Read More »

Latest Posts

Latest news insights