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