Ethiopian Securities Exchange & Bourse de Casablanca sign strategic cooperation agreement

Addis Ababa, December 13, 2024 (FMC) – In a landmark development for Africa’s financial landscape, the Ethiopian Securities Exchange (ESX) and the Bourse de Casablanca have entered into a transformative strategic cooperation agreement. This partnership aims to merge the strengths of one of Africa’s newest financial powerhouses with the continent’s second-largest exchange, thereby establishing a framework for financial growth, innovation, and regional integration.

Key highlights of the agreement include the sharing of expertise to bolster Ethiopia’s capital markets, opportunities for dual listings and cross-border investments, and a commitment to promoting Environmental, Social, and Governance (ESG) initiatives to foster sustainable economic growth.

This collaboration represents a significant stride towards enhancing Africa’s financial leadership on the global stage. By working together, the ESX and Bourse de Casablanca are focused on building interconnected markets that unlock new potential for businesses and investors across the continent.