RENEW Strategies

A Stock Exchange in Ethiopia

alt text
Erin O'Connor
| July 7, 2020


During our June Impact Angel Network Members’ Call, members of the IAN and RENEW explored what happens when a country decides to open up a stock exchange. While Ethiopia is among the five largest economies in Sub-Saharan Africa and is the second-largest by population, it does not have a stock market. As you may have seen in the news recently, this is about to change as the Ethiopian Ministry of Finance has plans to open a stock exchange within the next year, though it will likely take more time to fully implement.

CLICK HERE TO LISTEN TO THE MEMBERS CALL RECORDING


Given this exciting development, in the recording linked above, RENEW and members of the IAN discussed what this means for investors and what we should be doing now to prepare. We hope to work with our partners, including Global Affairs Canada, to begin educating SMEs on how exchanges work, as well as the benefits and drawbacks of becoming a publicly listed and traded company. Make sure to watch out for more information and webinars on this topic from RENEW in the future.

If you’d like to join our monthly Members’ Calls to be a part of these discussions, we invite you to apply to join the Impact Angel Network.


To find out more about RENEW or the IAN, contact us at renew@renewstrategies.com, follow us on Twitter @RENEWLLC or find us on Instagram @impactangelnetwork. Apply to join the Impact Angel Network: Application: LINK


Photo by Ian Christmann: www.ianchristmann.com