Ethiopia Stock Exchange ESX, likely to be inaugurated in coming days, is hoping to list over 90 businesses on its boards reportedly. The number of initial public offerings (IPOs) at the maiden bourse could surpass… Ethiopia: ESX Hopes to List Over 90 Businesses on its Boards
The long-awaited Ethiopian Stock Exchange (ESX) will officially start its work this month. The stock market, established on the basis of public and private partnership, has been raising required capital by engaging local and foreign… Ethiopian Stock Exchange (ESX) to be Launched this Month
The government of Ethiopia has cancelled Franco Valuta. Franco Valuta was allowed by the Ethiopian government over 2 months ago. Under Franco Valuta, importers can bypass conventional banking channels, use their foreign accounts to import… Ethiopia Cancels Franco Valuta
National Bank of Ethiopia (NBE) today lifted restrictions on the transfer of money from bank accounts to Telebirr. The Ethiopian banking regulator made this decision after it received complaints about private denying transfer of money… Restrictions on Transfer of Money from Banks to Telebirr Lifted
In Tog Wajaale Ethiopia, mobile phone service has been suspended. Tog Wajaale is situated on the border between Ethiopia and Somaliland. Tog Wajaale is the hub of Ethiopian currency’s black market. Ethiopians and Somalis from… Mobile Phone Service Suspended in Tog Wajaale Ethiopia
Ethiopian Prime Minister Abiy Ahmed today accused foreign embassies of running Ethiopian black market. He passed these remarks responding to questions raised by the members of the Ethiopian House of People’s Representatives (HoPR). Prime Minister… Ethiopian PM Accuses Embassies of Running Black Market
The International Monetary Fund (IMF) on Friday appreciated the Ethiopian govt for macro economic reforms. The lending institution, in its executive board’s meeting, allowed disbursement of $340.7 million to Ethiopia while approving the first review… IMF Lauds Economic Reforms Introduced by Ethiopian Govt
Ethiopian Securities Exchange (ESX) has signed a Memorandum of Understanding (MoU) with the Nairobi Securities Exchange (NSE) and the i-Capital Africa Institute. The MoU is aimed at promoting cross-border investments, knowledge exchange, and capacity building.… Ethiopian Securities Exchange Signs MoU with NSE & i-Capital
Ethio Telecom on Wednesday released a document called “Ordinary Share Sale Prospectus” for those interested in buying its shares. You can download the document HERE. The state owned Ethiopian Telecommunication company has offered 100 million… Ethio Telecom Issues Share Sale Prospectus for New Share Holders
Ethio Telecom on Wednesday offered its stocks for sale to individuals. Ethiopian citizens can buy Ethio Telecom shares on Telebirr mobile application. Institutions are now permitted to buy the stocks. Prime Minister of Ethiopia Abiy… Ethio Telecom Tells Investors How to Buy Its Stocks