Ethiopia relaunches securities exchange to woo investors

Ethiopia relaunched its stock exchange, the Ethiopian Securities Exchange, on Friday after a 50-year absence. The Ethiopian Securities Exchange ceased operations in 1974 following a takeover by the communist military government. Prime Minister Abiy Ahmed described the relaunch as a “historic milestone” for Ethiopia’s economic and financial landscape. “We have officially rang the bell to…

France supports Ethiopia’s exploration of maritime access through discussion

Addis Ababa, Ethiopia – French President Emmanuel Macron said his country supports Ethiopia’s quest for access to the sea through discussion and while respecting international laws and neighboring countries. Macron spoke on Saturday after a one-day visit to Addis Ababa, where he held bilateral talks with Ethiopian Prime Minister Abiy Ahmed. During a press conference,…