Ethiopia

Headquarters of Ethio Telecom as it prepares to launch first IPO of the Ethiopian Securities Exchange
Capital raising

Ethio Telecom IPO – Updated with details

UPDATED WITH DETAILS OF SHARE OFFER The state-owned giant Ethio Telecom launched its offer of 10% of its shares to the Ethiopian public from 17 ...

Tilahun Kassahun of Ethiopian Securities Exchange signs trading system agreement with Muhammad Haris Naseer if InfoTech. Technology, capital markets.
Ethiopia

InfoTech trading system for ESX Ethiopian stock exchange

The Ethiopian Securities Exchange (ESX) has signed two pivotal technology agreements with Infotech Private Limited. The agreements cover the design, supply, and installation of an ...

Ethiopian Stock Exchange capital raise shares Addis Ababa
Capital raising

Fast progress at Ethiopian Securities Exchange

The Ethiopian Securities Exchange (ESX) is pushing forwards towards its launch and aims to launch secondary trading in bonds, equities and money market instruments in ...

Capital raise for the Ethiopian Securities Exchange, ATS, ETP
Ethiopia

Electronic trading system for new Ethiopian Securities Exchange

The tenders are open for the automated trading system and broker back office systems for the Ethiopian Securities Exchange (ESX) and for the market surveillance ...

news of african financial markets, capital markets development
Egypt

How good are Africa’s financial markets?

Africa’s financial markets continue to progress and have demonstrated growing financial resilience in 2023, despite a challenging environment. Below we interview Jeff Gable, Absa Group’s ...

Ethiopian Airlines is one of the key holdings in Ethiopia Investment Holdings portfolio
Ethiopia

Ethiopia has one of Africa’s biggest sovereign wealth funds

The Ethiopian Government has transferred 27 state-owned enterprises to a new $38bn sovereign wealth fund, including some of Africa’s biggest and most successful companies such ...

Ethiopia's new stock exchange will be in Addis Ababa
Ethiopia

Progress towards Ethiopia’s Stock Exchange

At least 50 companies are expected to list when Ethiopia’s stock exchange launches. The country’s new $38bn sovereign wealth fund Ethiopia Investment Holdings (EIH) is ...

Coca Cola supports small business owners across Africa
Capital raising

Opening Coca Cola’s $8.1bn IPO plan

Coca-Cola could aim for €7bn ($8.1bn) when it lists its African bottling operations with an initial public offering (IPO) of shares before listing on Euronext ...

Ethiopia

Ethiopia’s draft capital markets bill

One of Africa’s biggest economies is taking a step closer to establishing a capital market to allocate capital more efficiently. The National Bank of Ethiopia ...

Capital raising

Ethiopia aims for stock exchange by 2020

Ethiopia has set itself a tight timetable for economic reform, including privatization of telecoms by the end of 2019 and a domestic stock exchange by ...

Ethiopia

World Bank $1.2bn to supporting financial sector in Ethiopia

The World Bank has announced that it will give a $600m grant and a $600m loan towards supporting reforms in Ethiopia's financial sector including improving ...

Capital raising

Politics getting better, Ethiopia ready for business says Arkebe Oqubay at UK-Ethiopia forum

A packed room of businesspeople and investors assembled in London on 16 October to hear about opportunities and news at the UK-Ethiopia Trade & Investment ...

Capital raising

Why Ethiopia needs a stock exchange as it liberalizes

One of Africa’s biggest economies. Ethiopia, announced a transformational liberalization and privatization campaign. But there is no Ethiopian stock exchange, limiting participation by citizens and ...

Cote d’Ivoire

Egypt is Africa’s new #1 investment destination

Rand Merchant Bank’s (RMB) Where to Invest in Africa 2018 report shows changes in the top investment destinations in Africa. Egypt is the new number ...

Ethiopia

Ethiopian Commodity Exchange (ECX) CEO resigns

The CEO of the Ethiopian Commodity Exchange (ECX), Ermias Eshetu, has tendered his resignation, according to a news report. He will stay until a successor ...

Ethiopia

Do African commodities exchanges achieve the desired results?

The Ethiopian Commodity Exchange (ECX) has received at least $29m in donor funding since 2008 but is it achieving its aims of transforming agriculture for ...

Ethiopia

Ethiopian Commodity Exchange gets online trading platform

The Ethiopian Commodity Exchange (ECX) has unveiled an online trading platform, eTRADE, that has capacity for nearly 5,000 times more transactions than its current "open ...

Ethiopia

Why do Africa’s commodity exchanges fail and why do donors love them?

Commodity exchange trading floors failed in in 5 countries, but at least 8 new commodity exchanges were started in sub-Saharan Africa over the past two ...

Ethiopia

Insights of private equity in Ethiopia – Schulze Global Investments

Great interview with Schulze Global Investments, the longest-established private equity firm in Ethiopia and run by a family office, with useful insights into the private ...

Ethiopia

“Africa’s largest” Helios III private equity fund to close at $1.1bn

Leading African private investment firm Helios Investment Partners, says it is about to close its 3rd Africa-focused private equity fund Helios III at the $1.1 ...