Our website use cookies to improve and personalize your experience and to display advertisements (if any). Our website may also include cookies from third parties like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies.

Ethiopia’s first stock exchange on horizon as it begins licensing investment banks

Ethiopia’s first stock exchange on horizon as it begins licensing investment banks

ETHIOPIA has entered the final stage of its first stock exchange launch, as the country’s Capital Market Authority begins to on-board foreign investment banks from the second week of February. The regulator announced that it will start issuing investment bank licenses from February 12th 2024- the first time in the country’s history and after six ‘rigorous’ months of developing guidelines to govern the financial sector players. Ethiopia Capital Market Authority (ECMA) Director-General Brook Taye told reporters during a press briefing at the authority's headquarters in Addis Ababa on February 7 that several private companies, including banks, had expressed interest in…
Read More