Addis Ababa, January 10, 2025 (FMC) – Prime Minister Abiy Ahmed (PhD) today officially launched the Ethiopian Securities Exchange – the first stock exchange for one of Africa’s fastest growing countries.
After ringing the bell to announce the launch of the nation’s first stock exchange, the Prime Minister noted that this is an historic milestone for Ethiopia’s economic and financial landscape.
“We have officially rung the bell to launch the Ethiopian Securities Exchange – the first stock exchange for our country. Invest in Ethiopia — a fast-growing economy with immense potential and a dynamic trajectory toward prosperity,’ Abiy said via a post on his social media channels.
The ESX is anticipated to have great role in creating job opportunities, carrying out huge projects, expanding agriculture and accelerating economic growth, according to ENA’s report.
As the pioneer securities exchange, ESX aims to play a critical role in the development and growth of the Ethiopian capital market as its core objective is to facilitate access to capital and support effective capital allocation in a manner that supports Ethiopia’s economic growth.