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Ethiopian Prime Minister Abiy Ahmed on Friday officially launched the country's first stock exchange in more than 50 years, describing it as a "historic milestone" for the nation's economy.
Ethiopia
Ethiopia is set to open a stock exchange after a 50-year absence, aiming to attract both domestic and international investors.
The Ethiopian Securities Exchange (ESX) proudly announces it has received official operational license from the Ethiopian Capital Market Authority (ECMA).
The Government of Ethiopia, as part of its economic reform to ensure national development by undertaking numerous strategic initiatives, has notably revised its policies and legal frameworks to enable the private sector to play a broader role in the economy, particularly in the telecommunications and financial sectors, allowing for the participation of both domestic and foreign investors.
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