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Ethiopian Securities Exchange Raises $26.6M, Ushering in a New Era for Ethiopia’s Markets
Ethiopian Securities Exchange Raises $26.6M, Ushering in a New Era for Ethiopia’s Markets
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The Ethiopian Securities Exchange (ESX) launched in January 2025, marking the country’s first stock exchange in over 50 years. The exchange raised ETB 1.51 billion, surpassing its target by 240%, a testament to robust investor confidence.
Advanced trading technology has been deployed to enhance transparency and operational efficiency. Despite initial hurdles with the Ethio Telecom IPO, the ESX aims to list more than 90 companies within the next decade.
This milestone signals a transformative shift in Ethiopia’s financial landscape, aligning with broader economic modernization efforts and attracting critical investment inflows.
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