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

breaking_news
Namibia Cuts Key Rate to 6.75% as Inflation Moderates
Read More »
breaking_news
Zambia's Central Bank Raises Key Rate to 14.50% to Curb Inflation
Read More »
etty-fidele-oJpkjWcScyg-unsplash
African Cocoa Farmers Push for Sustainability as EU Rules Tighten
Read More »

Recent Politics

generic-1-1024x683
Ghana Names Asiamah as Central Bank Governor as Addison Retires
Read More »
breaking_news
ECOWAS to Maintain Trade Ties with Burkina Faso, Mali, and Niger
Read More »
Ethiopia, Tigray Valley, day life
Cash Withdrawals Surge in Tigray Amid Instability Fears
Read More »

Latest Posts

Latest news insights