The Ethiopian Securities Exchange (ESX) has announced the official launch of the country’s first-ever securities exchange, scheduled for the first weeks of January 2025. The announcement was made during a press conference held on the newly unveiled trading floor of the ESX, marking a significant milestone in the country’s financial history. The new exchange will
In a landmark move to bolster African capital markets, the Ethiopian Securities Exchange (ESX) and Bourse de Casablanca have signed a strategic cooperation agreement, marking a pivotal step in fostering regional financial collaboration. The agreement was inked shortly after the conclusion of the Africa Financial Summit, held in Casablanca, and underscores a shared commitment to
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
In a significant development for Ethiopia’s entrepreneurial and small business ecosystem, Kuramo Capital Management has been selected as the fund manager for the Enterprise Financing Facility (EFF). This announcement follows a competitive bidding process led by the United Nations Development Programme (UNDP) and signals a bold step forward in transforming capital access for Ethiopian small
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 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