Small and medium enterprises (SMEs) are the backbone of Ethiopia’s economy, accounting for most services across nearly every sector, contributing to job creation, and overall economic growth. In Africa, SMEs provide an estimated 80 percent of jobs across the continent, representing an important driver of economic growth. Most commonly, SMEs employ various strategies to access […]
Capital markets development is a key component of the Government of Ethiopia’s
(GoE) Home-Grown Economic Reform Program and the 10-Year Development Plan
(2021- 2031). In line with this commitment, the Capital Markets Proclamation (No.
1248/2021) was adopted by the House of Peoples’ Representatives in June 2021, which
included the establishment of the Ethiopian Capital Market Authority (ECMA).
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