Soon there will be other options to access finance (financial intermediation) in Ethiopia- the long-awaited Capital Markets. For example, in Kenya while the Kenyan Capital market Authority have a number of Regulatinions (over 30) that deals with specific areas e.g., The Capital Markets (Real Estate Investment Trust) (Collective Investment Schemes) (Amendment) Regulations, 2023) and Capital Market (Investment-Based Crowdfunding) Regulations 2022) that gives a framework to regulate the capital markets. Moreover, the ratings provided by these agencies shape investment decisions in capital markets. Operational risk in capital markets often happens around the integrity and safety of the technology employed and its ability to withstand cyber-attacks . As a complement to financial inclusion and financial consumer protection, financial education is also important to restore confidence and trust in financial markets.

Source: Ethiopian News July 18, 2024 13:03 UTC