Capital MarketEthiopia Secures $400,000 AfDB Grant to Boost Capital Market Infrastructure and New Products
The African Development Bank (AfDB) and the Ethiopian Capital Market Authority (ECMA) have signed a $400,000 grant agreement to establish Ethiopia’s first public disclosure platform and introduce new financial products at the Ethiopian Securities Exchange (ESX), including exchange-traded funds (ETFs), sukuks, and green bonds. The grant, provided through the Capital Markets Development Trust Fund (CMDTF),
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