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Today marks a significant milestone in the Ethiopian financial landscape as we officially launched the Ethiopian Capital Market Regulatory Sandbox! The launch event, held at the Sheraton Addis Hotel, showcased the potential of the Sandbox to transform Ethiopia’s financial sector. This initiative provides a controlled environment for FinTechs, SMEs, startups, and other innovative enterprises to […]
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.
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.
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.