Ethiopia Opens Up to Investors With First Stock Exchange

The video discusses Ethiopia's plans to launch a Securities Exchange, marking a significant step in revolutionizing its financial markets. The government aims to raise capital and attract private investments. Prime Minister Abiy Ahmed is working on economic reforms to make Ethiopia more market-friendly, including allowing foreign banks and liberalizing the foreign exchange market. These efforts are part of a broader strategy to open up the economy and build investor confidence.

What is the primary goal of launching the Securities Exchange in Ethiopia?

• To increase government control over the economy

• To allow the government and private companies to raise funds

• To decrease market competition

• To restrict foreign investment

What is one of the expected outcomes of the Securities Exchange launch in Ethiopia?

• Decrease in foreign investments

• Increase in government debt

• Raising fresh capital for the government and private companies

• Closure of local businesses

Which of the following is a part of Prime Minister Abiy Ahmed's strategy to make Ethiopia more market-friendly?

• Restricting foreign investments

• Nationalizing private companies

• Allowing foreign banks to enter the Ethiopian market

• Increasing tariffs on imports

What recent change has been made to Ethiopia's foreign currency regime?

• Foreign currency is banned

• It is now fully regulated by the central bank

• The exchange rate is fixed by the government

• The exchange rate is set by market prices

What sector was recently opened to international investors in Ethiopia?

• Healthcare

• Retail business

• Education

• Agriculture