by The Fikiria Desk | Jan 10, 2025 | Economics
An economy can grow for years and still starve its own firms of capital. Ethiopia has done exactly that — expanding output while its enterprises borrowed short, ploughed back earnings or waited on the state, because there was no market to convert savings into...
by The Fikiria Desk | Jan 10, 2025 | Intellectual
A stock exchange is often treated as a building or a ticker. It is better understood as a strategic model — a specific answer to the question of how a state opens its capital account without losing control of the sequence. Ethiopia’s version, launched on 10...
by The Fikiria Desk | Jan 10, 2025 | Property
Ethiopia has spent more than a decade pouring concrete — expressways, the Grand Ethiopian Renaissance Dam, industrial parks, a light-rail spine through Addis Ababa. What it has lacked is a public venue where the capital to fund the next round of that building could be...
by The Fikiria Desk | Jan 10, 2025 | Money
For most of a decade, Ethiopia ran one of Africa’s largest economies without a place to buy and sell a share. Capital moved through banks, the state and informal channels, while listed equity — the ordinary machinery of a modern market — simply did not exist. On...
by The Fikiria Desk | Jan 10, 2025 | Farming
Ethiopia’s wealth grows in its fields — coffee, cereals, oilseeds, livestock — yet the finance that could modernise those fields has rarely flowed through open, priced markets. Farmers borrow short and dear, processors run below capacity, and much of the value...