Ethiopian Stock Market: Challenges and Opportunities
Ethiopia’s new ESX, or the stock market, is set to become a reality in 2024-25. In the last five years, there have been continuous efforts by the Ethiopian finance ministry in association with African market specialists to pave the way for its stock market.
Prioritizing Physical Infrastructure
For starters, Ethiopia needs to upgrade its internet and cell phone capabilities. It is a digital and tech-driven age, and Ethiopia needs to set foot in and ensure fast and accurate trading.
Launching Ethiopian Stock Market: Expected Benefits
Before Ethiopia launches its stock market, it must run informative campaigns to raise public awareness about the stock market. For instance, the stock market can help Ethiopia drive consistent economic growth.
