In its nation's first initial public offering (IPO), Ethiopia is seeking to raise 255 million US dollars by selling shares in a state-run wireless company, Ethio Telecom, paving the way to start the country's stock exchange.

Ethiopian authorities have started relaxing regulations to increase the ease of doing business and have removed the tight control of its currency to help attract investment in this war-ravaged economy.

After the government and Tigrayan fighters signed a peace pact two years ago, efforts have been underway to rebuild the country.

Thami Ngubeni spoke to Mered Fikireyohannes, founder and CEO of Pragma Investment Advisory in Ethiopia.

In its nation's first initial public offering (IPO), Ethiopia is seeking to raise 255 million US dollars by selling shares in a state-run wireless company, Ethio Telecom, paving the way to start the country's stock exchange.
Ethiopian authorities have started relaxing regulations to increase the ease of doing business and have removed the tight control of its currency to help attract investment in this war-ravaged economy.
After the government and Tigrayan fighters signed a peace pact two years ago, efforts have been underway to rebuild the country.
Thami Ngubeni spoke to Mered Fikireyohannes, founder and CEO of Pragma Investment Advisory in Ethiopia.

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Ethiopia is seeking to raise 255 million US dollars by selling shares in a state-run wireless company, Ethio Telecom, paving the way to start the country's stock exchange

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