NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

The Ethiopian Securities Exchange (ESX), FSD Africa, and FSD Ethiopia have signed a Memorandum of Understanding (MoU) to strengthen Ethiopia’s capital markets. In the next five years ESX aims to list more than 50 companies in its main and growth market, introduce a platform for the listing and trading of government and corporate bonds, including Sharia compliant products such as Sukuks.

Photo courtesy of DFID – UK Department for International Development.