ADDIS ABABA – Prime Minister Abiy Ahmed held a meeting with the board of Ethiopian Investment Holdings to discuss the progress of Ethio Telecom’s public offering and the operationalization of the country’s capital markets by the Capital Markets Authority.

According to Ethiopian News Agency, the discussions centered on assessing the readiness of Ethio Telecom for its initial public offering (IPO) and evaluating the advancements made by the Capital Markets Authority towards operationalizing Ethiopia’s stock market and exchange. Prime Minister Abiy emphasized that the establishment of a stock market and exchange in Ethiopia is a significant step forward, poised to catalyze the nation’s growth ambitions and attract new investments. He heralded the development as the beginning of an exciting chapter for Ethiopia.