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Ethiopia : launch of the Securities Exchange

Ethiopia launched its Securities Exchange (ESX) on January 10th, marking a major milestone in Prime Minister Abiy Ahmed’s push to open the economy to private investment. Currently, only Wegagen Bank is listed, but ESX CEO Tilahun Kassahun expects 90 companies to join in the next 10 years. State-owned firms like Ethio Telecom are also expected to list. This launch marks a historic moment in the country’s economic evolution.

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