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    Ethiopia

    This week, Ethio Telecom will become the first company to list on Ethiopia's newly established stock exchange : Ethiopian Securities Exchange (ESX), with the government selling a 10% stake in the state-owned telecom provider. This move marks a major milestone in Prime Minister Abiy Ahmed's ambitious strategy to open Ethiopia’s economy to private investment and privatize key state-owned enterprises.

    Leaders of the BRICS nations have come to a consensus regarding the expansion guidelines for admission to the influential multinational association. Effective 01 January, 2024, six countries will formally become full members of the BRICS, further strengthening its global presence. These countries include Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE.

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