Even though Ethiopia is one of the biggest five economies in sub-Saharan Africa it does not have a stock exchange. Following the coming to power of Prime Minister Abiy Ahmed in 2018, the country start opening up to establish a stock exchange governing body. The African Linkage Project (AELP), a value chain for brokerage firms was created to try and facilitate investment flows through African stock exchanges. Financial Sector Deepening Africa (FSD Africa) is created in 2012. FSD Africa is a market facilitator that applies a combination of resources, expertise, and research to address financial market failures.

Source: Ethiopian News May 18, 2022 12:57 UTC