Ethiopia's OTC market targets 8 securities outside main listing requirements

Ethiopia's securities market is preparing to launch an over-the-counter (OTC) market to accommodate eight securities. This platform is designed for companies that either do not meet the strict listing requirements of the Ethiopian Securities Exchange (ESX) or have strategically chosen to enter the capital market through a different route. The initiative serves as an alternative trading platform, aiming to broaden access to the capital market for businesses that fall outside the main exchange's criteria.