Ethiopia has officially established a stock market, marking a significant development for the nation’s economy. The government has approved the launch of a platform allowing companies to offer shares to the public. This initiative aims to facilitate capital formation and investment opportunities for businesses across the country. Initial projections suggest a growing market, though the long-term impact remains to be seen. The exchange will initially list a limited number of firms, focusing on sectors deemed economically viable. The launch represents a step towards greater financial integration within Ethiopia.
Credits: Finance & economics
