Ethiopia’s Economic Transformation Opens New Horizons for Investment: United Capital Group CEO
United Capital Group CEO Peter Ashade praised Ethiopia's recent economic reforms, specifically the opening of the economy to foreign investment and the establishment of the Ethiopian Securities Exchange. He views these changes as vital for the country's financial development.
Why it matters
Ethiopia's shift toward a more open financial market represents a major development for regional investment and economic growth in East Africa.
አማርኛ ትግርኛ Afaan Oromoo Af‑Soomaali Qafar Afa English Français عربي Politics Social Economy Sport Technology Environment Feature Videos About Us Ethiopia’s Economic Transformation Opens New Horizons for Investment: United Capital Group CEO 🔇Unmute Addis Ababa, October 10, 2026 (ENA)—The ongoing structural shift in Ethiopia’s economic policy landscape is creating unprecedented opportunities for regional and international investment, Peter Ashade, Chief Executive Officer of United Capital Group PLC, said.
In an exclusive interview with ENA, Ashade lauded the Ethiopian government’s decisive policy direction, emphasizing that deliberately opening the economy to foreign investors marks a monumental milestone for the nation's financial sector development.
United Capital Group has recently received its official regulatory license to establish operations and deliver investment banking and financial services within Ethiopia, positioning the firm as a prominent participant in the country's evolving financial market.
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