Wednesday, March 19, 2014

Kenya Opens Market To Ethiopian Investors

Kenya says it has opened its doors to Ethiopian companies to trade on the Nairobi Securities Exchange (NSE), as a way of encouraging the East African country to ease its protectionist economic policies. Although Addis Ababa has started embracing privatization, holding only sectors regarded as strategic, i.e. Telecommunications, the non-availability of a stock market in Ethiopia has shut out foreign investments.“I can disclose that Kenya stands ready to begin consultations for the

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