The Ethiopian Securities Exchange (ESX) announced the launch of the ESX Academy, a groundbreaking initiative aimed at enhancing investor education, fostering financial literacy, and building the capacity of market participants in Ethiopia’s capital market. Supported by the Financial Sector Deepening Ethiopia (FSDE) and developed in collaboration with Miella Technology PLC, this Academy marks a significant
Ethiopia stands at the cusp of a transformative financial evolution. Over the past two decades, the country has emerged as one of Africa’s fastest-growing economies, fueled by substantial public investments in infrastructure and services. Yet, behind this remarkable growth lies a significant challenge—a financial ecosystem constrained by limited domestic savings, an over-reliance on foreign debt,
The Ethiopian Capital Market Authority (ECMA) has officially licensed the Ethiopian Securities Exchange S.C. (ESX), ushering in a pivotal moment in the country’s financial sector. This development is part of Ethiopia’s macroeconomic reform agenda set into motion five years ago, aiming to cultivate a well-regulated capital market that supports long-term sustainable growth. According to Ms.
The Ethiopian Capital Market Authority (ECMA) has officially licensed I-Capital Institute plc as a Securities Investment Advisor, marking another milestone in the country’s journey to develop a robust and dynamic capital market. This development is set to enhance the availability of professional advisory services for investors, issuers, and other market participants, further strengthening Ethiopia’s financial
Ethiopia stands on the cusp of an economic transformation, one that hinges on the development of a thriving capital market. Ermias Amelga, a seasoned investment banker with deep insights into Ethiopia’s financial landscape, shared his vision for how the country can unlock its economic potential through a well-structured and fully functional capital market. With a
The anticipation was palpable as Skylight Hotel buzzed with activity in preparation for one of the most significant events in Ethiopia’s financial history—the Capital Market Summit 2024 (#CMS2024). Experts, government officials, university representatives, and event organizers alike were running around, ensuring that the summit would be an unforgettable experience. Everywhere you looked, the phrase “capital
The Ethiopian Capital Market Authority (ECMA), in partnership with the African Development Bank (AfDB) and the International Finance Corporation (IFC), launched Ethiopia’s first-ever Capital Markets Summit under the theme: “Paving the Way for a Sustainable Future.” This landmark event brings together influential leaders and experts to advance Ethiopia’s financial markets, opening new pathways for sustainable
The evolution of technology has transformed capital markets, from the advent of the telegraph to today’s algorithm-driven, high-frequency trading. These innovations have made financial systems faster, more efficient, and accessible to a broader range of participants. This article explores key technological tools that have shaped capital markets, detailing their impact on trading efficiency, market accessibility,
Ever wondered how you could own a piece of some of the biggest companies in the world—or even in your own country? That’s where Initial Public Offerings (IPOs) come into play. IPOs are the moment when private companies invite the public to share in their success. With Ethio Telecom’s IPO offering now available, we’re here
Let’s talk about the concept of a capital market in the context of Ethiopia, using a bank, say, “X Bank,” as our example. In Ethiopia, banks are one of the most well-known share companies. So, let’s see how a capital market works for a share company like a bank: Imagine there’s a bank, “X Bank,”
A Beginner’s Guide to Understanding Its Purpose and Function Quick Takeaways: Introduction: As the Ethiopian stock market is set to open in the near future, understanding the fundamentals of investing becomes even more essential. If you’re new to investing or curious about how the stock market works, this beginner’s guide will provide you with a
Ethiopia has taken a significant step towards economic growth and development with the enactment of a proclamation to establish a capital markets system. This landmark legislation, voted into law in 2021 by the Ethiopian House of People’s Representatives, paves the way for transparent and inclusive financial markets. The proclamation emphasizes transparency, accountability, and investor protection,