Tag
21 articles
Banking & FinanceEthiopia’s Capital Market Authority (ECMA) has granted a Capital Market Service Provider licence to Awash Capital Investment Bank S.C., allowing it to operate as an investment bank within the Awash banking group, the regulator said on Wednesday. The approval includes licences for four appointed representatives and the endorsement of five board directors at Awash Capital,
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has officially issued a Capital Market Service Provider (CMSP) license to ProInvest Capital PLC, authorizing the firm to operate as a Securities Investment Advisor. With this approval, the total number of licensed CMSPs in Ethiopia rises to twelve (12) — a clear sign of the market’s rapid expansion and
Takeaways Financial derivatives are complex financial instruments whose value is derived from another asset. These underlying assets can be stocks, bonds, commodities, currencies, interest rates, or market indexes. Derivatives play a significant role in global financial markets, providing opportunities for risk management and profit generation. Derivatives serve two main purposes: hedging and speculation. Hedging: Reducing
Capital MarketThe Ethiopian Securities Exchange (ESX) announced the launch of the ESX Academy, a groundbreaking initiative aimed at enhancing investor education, fostering financial literacy, and building the capacity of market participants in Ethiopia’s capital market. Supported by the Financial Sector Deepening Ethiopia (FSDE) and developed in collaboration with Miella Technology PLC, this Academy marks a significant
Capital MarketThe Ethiopian Securities Exchange (ESX) has announced the official launch of the country’s first-ever securities exchange, scheduled for the first weeks of January 2025. The announcement was made during a press conference held on the newly unveiled trading floor of the ESX, marking a significant milestone in the country’s financial history. The new exchange will
Capital MarketIn a landmark move to bolster African capital markets, the Ethiopian Securities Exchange (ESX) and Bourse de Casablanca have signed a strategic cooperation agreement, marking a pivotal step in fostering regional financial collaboration. The agreement was inked shortly after the conclusion of the Africa Financial Summit, held in Casablanca, and underscores a shared commitment to
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has officially licensed the Ethiopian Securities Exchange S.C. (ESX), ushering in a pivotal moment in the country’s financial sector. This development is part of Ethiopia’s macroeconomic reform agenda set into motion five years ago, aiming to cultivate a well-regulated capital market that supports long-term sustainable growth. According to Ms.
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has officially licensed I-Capital Institute plc as a Securities Investment Advisor, marking another milestone in the country’s journey to develop a robust and dynamic capital market. This development is set to enhance the availability of professional advisory services for investors, issuers, and other market participants, further strengthening Ethiopia’s financial
Capital MarketEthiopia stands on the cusp of an economic transformation, one that hinges on the development of a thriving capital market. Ermias Amelga, a seasoned investment banker with deep insights into Ethiopia’s financial landscape, shared his vision for how the country can unlock its economic potential through a well-structured and fully functional capital market. With a
Capital MarketThe anticipation was palpable as Skylight Hotel buzzed with activity in preparation for one of the most significant events in Ethiopia’s financial history—the Capital Market Summit 2024 (#CMS2024). Experts, government officials, university representatives, and event organizers alike were running around, ensuring that the summit would be an unforgettable experience. Everywhere you looked, the phrase “capital
Crypto NewsThe evolution of technology has transformed capital markets, from the advent of the telegraph to today’s algorithm-driven, high-frequency trading. These innovations have made financial systems faster, more efficient, and accessible to a broader range of participants. This article explores key technological tools that have shaped capital markets, detailing their impact on trading efficiency, market accessibility,
Learn Stock MarketEver wondered how you could own a piece of some of the biggest companies in the world—or even in your own country? That’s where Initial Public Offerings (IPOs) come into play. IPOs are the moment when private companies invite the public to share in their success. With Ethio Telecom’s IPO offering now available, we’re here
