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Ethiopian Securities Exchange
The Ethiopian Securities Exchange (ESX) is the primary securities exchange in Ethiopia. Its establishment is part of a broader initiative by the Ethiopian government to enhance the country's financial infrastructure and provide a platform for businesses and investors to engage in securities trading. The development of the ESX is in line with the government's objective to diversify the financial sector and offer more investment opportunities to both domestic and foreign investors. History The concept of a securities exchange in Ethiopia is not entirely new. In 1960, Ethiopia initiated its journey into share trading by establishing an institutional framework and inaugurating a share exchange department within the State Bank of Ethiopia. As the share market grew, the Share Trading Group was formed in 1965. This group consisted of six institutions that traded shares among themselves through open bidding. This initiative positioned Ethiopia among a select group of African nations w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Addis Ababa
Addis Ababa (; ,) is the capital city of Ethiopia, as well as the regional state of Oromia. With an estimated population of 2,739,551 inhabitants as of the 2007 census, it is the largest city in the country and the List of cities in Africa by population, eleventh-largest in Africa. Addis Ababa is a highly developed and important cultural, artistic, financial and administrative center of Ethiopia. It is widely known as one of Africa's major capitals. The founding history of Addis Ababa dates back to the late 19th century by Menelik II, Negus of Shewa, in 1886 after finding Mount Entoto unpleasant two years prior. At the time, the city was a resort town; its large mineral spring abundance attracted nobilities of the empire and led them to establish permanent settlement. It also attracted many members of the working classes – including artisans and merchants – and foreign visitors. Menelik II then formed his Menelik Palace, imperial palace in 1887. Addis Ababa became the em ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethiopia
Ethiopia, officially the Federal Democratic Republic of Ethiopia, is a landlocked country located in the Horn of Africa region of East Africa. It shares borders with Eritrea to the north, Djibouti to the northeast, Somalia to the east, Kenya to the south, South Sudan to the west, and Sudan to the northwest. Ethiopia covers a land area of . , it has around 128 million inhabitants, making it the List of countries and dependencies by population, thirteenth-most populous country in the world, the List of African countries by population, second-most populous in Africa after Nigeria, and the most populous landlocked country on Earth. The national capital and largest city, Addis Ababa, lies several kilometres west of the East African Rift that splits the country into the African Plate, African and Somali Plate, Somali tectonic plates. Early modern human, Anatomically modern humans emerged from modern-day Ethiopia and set out for the Near East and elsewhere in the Middle Paleolithi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethiopian Investment Holdings
The Ethiopian Investment Holdings (Amharic: የኢትዮጵያ ኢንቨስትመንት ሆልዲንግስ; EIH) is a sovereign wealth fund headquartered in Wingate Street, Addis Ababa, Ethiopia. Established in December 2021, EIH encompasses thirty largest companies like Ethio telecom and Ethiopian Airlines. In January 2022, EIH joined the African sovereign wealth fund. History Ethiopian Investment Holdings (EIH) was established in December 2021 under Council of Ministers regulation No. 487/2022, with formal inauguration on 31 January 2022. It has a vision of creating "wealth, finance national development, and improve living standards for present and future generations". According to deputy CEO of EIH Yasmin Wohabrebbi, most companies under EIH are profitable due to wide range reform to improve their activities. EIH joined the African Sovereign Investors Forum in July 2023. Since October 2023, EIH owns a 25% share of the Ethiopian Securities Exchange The Ethiopian Secu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities Exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends. Securities traded on a stock exchange include stock issued by listed companies, unit trusts, derivatives, pooled investment products and bonds. Stock exchanges often function as "continuous auction" markets with buyers and sellers consummating transactions via open outcry at a central location such as the floor of the exchange or by using an electronic system to process financial transactions. To be able to trade a security on a particular stock exchange, the security must be listed there. Usually, there is a central location for record keeping, but trade is increasingly less linked to a physical place as modern m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Ethiopia
The government of Ethiopia () is the federal government of Ethiopia. It is structured in a framework of a federal republic, federal parliamentary system, parliamentary republic, whereby the Prime Minister of Ethiopia, prime minister is the head of government. Executive power is exercised by the government. The prime minister is chosen by the House of Peoples' Representatives, lower chamber of the Federal Parliamentary Assembly. Federal legislative power is vested in both the government and the two chambers of parliament. The Judiciary of Ethiopia, judiciary is more or less independent of the executive and the legislature. They are governed under the 1995 Constitution of Ethiopia. There is a bicameral parliament made of the 108-seat House of Federation and the 547-seat House of Peoples' Representatives. The House of Federation has members chosen by the regional councils to serve five-year terms. The House of Peoples' Representatives is elected by direct election, who in turn elec ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investor
An investor is a person who allocates financial capital with the expectation of a future Return on capital, return (profit) or to gain an advantage (interest). Through this allocated capital the investor usually purchases some species of property. Types of investments include Stock, equity, Bond (finance), debt, Security (finance), securities, real estate, infrastructure, currency, commodity, Exonumia, token, derivatives such as put and call Option (finance), options, Futures contract, futures, Forward contract, forwards, etc. This definition makes no distinction between the investors in the Primary market, primary and secondary markets. That is, someone who provides a business with capital and someone who buys a stock are both investors. An investor who owns stock is a shareholder. Types of investors There are two types of investors: retail investors and institutional investors. A ''retail investor'' is also known as an ''individual investor''. There are several sub-typ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Security (finance)
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equity and fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or " book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a securi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diversification (finance)
In finance, diversification is the process of allocating capital in a way that reduces the exposure to any one particular asset or risk. A common path towards diversification is to reduce financial risk, risk or volatility (finance), volatility by investment, investing in a variety of assets. If asset prices do not change in perfect synchrony, a diversified Portfolio (finance), portfolio will have less variance than the weighted mean, weighted average variance of its constituent assets, and often less volatility than the least volatile of its constituents. Diversification is one of two general techniques for reducing investment risk. The other is hedge (finance), hedging. Examples The simplest example of diversification is provided by the proverb "Don't put all your eggs in one basket". Dropping the basket will break all the eggs. Placing each egg in a different basket is more diversified. There is more risk of losing one egg, but less risk of losing all of them. On the other h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Economic Commission For Africa
The United Nations Economic Commission for Africa (UNECA or ECA; , CEA) was established in 1958 by the United Nations Economic and Social Council to encourage economic cooperation among its member states (the nations of the Africa, African continent) following a recommendation of the United Nations General Assembly. It is one of five United Nations Economic and Social Council#Regional commissions, regional commissions. The ECA has 54 member states, corresponding to the 54 member states of the United Nations that lie within the continent of Africa or in oceans nearby the continent. The ECA's mandate is to promote the economic and social development of its member states, foster intra-regional integration, and promote international cooperation for Africa's development. On October 6, 2023, the UN Secretary-General appointed Claver Gatete of Rwanda as the Executive Secretary of UNECA, replacing the Cameroon, Cameroonian Vera Songwe. Themes and programs The commission's work is str ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small And Medium-sized Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by many national agencies and international organizations such as the World Bank, the OECD, European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs outnumber large companies by a wide margin and also employ many more people. On a global scale, SMEs make up 90% of all companies and more than 50% of all employment. For example, in the EU, 99% of all businesses are SMEs. Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Ethiopia
The economy of Ethiopia is a mixed and transition economy with a large public sector. The government of Ethiopia is in the process of privatizing many of the state-owned businesses and moving toward a market economy. The banking, telecommunication and transportation sectors of the economy are dominated by government-owned companies. Ethiopia has one of the fastest-growing economies in the world and is Africa's second most populous country. Many properties owned by the government during the previous regime have now been privatized or are in the process of privatization and the liberalization of its financial sector in the near future. However, certain sectors such as telecommunications, financial and insurance services, air and land transportation services, and retail, are considered to be strategic sectors and are expected to remain under state control for the foreseeable future. Almost 50% of Ethiopia's population is under the age of 18. Even though education enrollment at p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of African Stock Exchanges
There are 38 exchanges in Africa, representing 29 nations' capital markets. 22 of the 38 stock exchanges in Africa are members of the African Securities Exchanges Association (ASEA). ASEA members are indicated below by an asterisk (*). The Egyptian Exchange (EGX), founded in 1883, is the oldest stock exchange in Africa. One of the oldest bourses (exchanges) on the continent is the Casablanca Stock Exchange of Morocco, founded in 1929 and the JSE Limited in 1887 and Nairobi Securities Exchange in Kenya founded in1954. Today the top five largest securities exchanges in Africa are Johannesburg Stock Exchange (JSE), Egyptian Exchange (EGX), Nigerian Stock Exchange (NGX), Casablanca stock exchange in Morocco and Nairobi Securities Exchange (NSE) in Kenya. The most recent stock exchange is the Ethiopian Stock Exchange, which opened in 2025. through a public-private partnership. There are several notable countries on the continent that do not have a stock exchange. List D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
