Ethiopia gets a stockmarket. Now it just needs some firms to list
The country is no longer the most populous without a bourse
It was a momentous occasion. But the peal of the bell did not initiate a flurry of trading at the Ethiopian Securities Exchange, which opened on January 10th. With no brokers and only one listed stock, the exchange enjoyed a relaxed start to life. The country’s officials nevertheless see the institution as a crucial part of their liberalising economic reforms. Ethiopia, home to some 130m people, had been the most populous country without an exchange.
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This article appeared in the Finance & economics section of the print edition under the headline “Ring hollow”
Finance & economics January 18th 2025
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- Ethiopia gets a stockmarket. Now it just needs some firms to list
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- Why catastrophe bonds are failing to cover disaster damage
- “The Traitors”, a reality TV show, offers a useful economics lesson
From the January 18th 2025 edition
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