Ethiopiacapitalmarket

The Capital Market Authority has issued a stern warning against fraudulent share sellers, highlighting recent concerns over deceptive practices within Ethiopia's financial sector. This caution comes amidst a significant development in Ethiopia's banking landscape, as four international investment banks have expressed keen interest in entering the country's banking sector. Director the Ethiopian Capital Market Authority Brook Taye, emphasized the institution's commitment to fostering a transparent and regulated investment environment. Brook announced that starting February 12, 2023, licenses will be granted to both local and foreign entities seeking to participate in Ethiopia's capital market sector. "We have received considerable interest from…