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Africa gets new stock market as Ethiopia seeks to woo investors
short by Pravel Jain / on 08 Jan 2025,Wednesday
Ethiopia is launching a stock exchange after a five-decade gap, aiming to attract investors as the nation recovers from a civil war. The Ethiopian Securities Exchange is scheduled to open on January 10. Ethiopia Investment Holdings, which controls 40 state-run companies, is selling shares in Ethio Telecom to raise as much as 30 billion birr ($233 million) in an IPO.
short by Pravel Jain / 12:55 pm on 08 Jan
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