| Fast progress at Ethiopian Securities Exchange
May 17, 2024--The European Securities and Markets Authority (ESMA), the EU's financial markets regulator and supervisor is publishing today the Statistics on Securities and Markets (ESSM) Report, with the objective of increasing access to data of public interest.
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| A big milestone was the strong response to the capital raise for the exchange, a for-profit company. It announced on 4 April that investors had offered $26.6m (ETB 1.51bn) in response to its targeted capital raise of $11.1m. |
| Africa's Debt Crisis Under-Reported-AFRODAD March 30, 2025-AFRICAN Forum and Network on Debt and Development (AFRODAD) Executive Director Jason Braganza has expressed concern over how challenges arising from debt servicing to international monetary facilities by African countries are going unreported due to lack of information and statistics among other challenges. |
| Africa's Digital Payments Economy to Reach $1.5trn By 2030-Report March 27, 2025-A recent Mastercard-commissioned report by Genesis Analytics has stated that the digital payments economy in Africa would continue to grow, with a projection that is expected to reach $1.5 trillion by 2030. |
| Bitcoin Price Trends and the Future of Digital Transactions in Africa March 24, 2025--There's an increasing acceptance of Bitcoin on the African continent. More businesses, individuals and even financial organizations are using cryptocurrency to transact as an alternative to traditional banking systems. |