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Banking & FinanceThe Ethiopian capital market is poised to become a reality in the first weeks of January. Much has been said about its potential to transform the country’s economy, with some critics questioning why such a significant market has not been established earlier in such a large and diverse nation. To guide its operations, the Ethiopian
Capital MarketThe Ethiopian Securities Exchange (ESX) Rulebook of 2024 establishes the rules and procedures governing the operation of the Ethiopian securities market. It includes guidelines for general operations, membership, listing, trading, and disciplinary actions. General Rules The General Rules outline the administration of securities trading and the role of the Exchange in regulating Trading Members. Issuers
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
Banking & FinanceSiinqee Bank’s shareholders have approved the establishment of an investment bank as part of a broader strategy to enter Ethiopia’s emerging capital market ecosystem. The announcement was made last week at Skylight Hotel, where the Bank’s founding president, Neway Megerssa, revealed that Deloitte, the global consulting firm, has been selected as an advisor to develop
Capital MarketThe 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
Capital MarketIn 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
Capital MarketEthiopia 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,
Capital MarketThe 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.
Capital MarketThe 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
Capital MarketEthiopia 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
Capital MarketThe 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
Crypto NewsThe 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,
