The Ethiopian Capital Market Authority (ECMA) has registered a total of 234,388 ordinary shares of Meba Microfinance Institute S.C., comprising 34,388 existing shares and 200,000 new shares approved for issuance through a rights offer to existing shareholders. The Authority approved Meba’s Registration Statement in accordance with Article 75 of the Capital Market Proclamation No. 1248/2021
The Ethiopian Capital Market Authority (ECMA) has approved the registration of 11,665,497 existing shares of Hibret Bank S.C., marking another step in the bank’s securities being brought under the capital market regulatory framework. ECMA said it approved Hibret Bank’s Registration Statement on August 6, 2026, in accordance with the Capital Market Proclamation No. 1248/2021 and
The Ethiopian Securities Exchange (ESX) has announced the departure of its founding Chief Executive Officer, Tilahun Esmael Kassahun (PhD), with the Board of Directors appointing Yodit Kassa as his successor. In a statement issued Friday, ESX thanked Tilahun for his “visionary leadership and invaluable contribution” to establishing Ethiopia’s securities exchange and congratulated Yodit on her
Enat Bank has signed a Memorandum of Understanding (MOU) with I Capital Africa Institute and FSD Ethiopia to support the development of Ethiopia’s first private-sector Gender Bond. The partnership will focus on key activities required before and after the issuance of the bond, including structuring, regulatory compliance, investor engagement, launch activities, and post-issuance management in
The Ethiopian Capital Market Authority (ECMA) has approved the registration of securities of Nib Insurance S.C., marking another step in the development of Ethiopia’s capital market. According to a notice issued by ECMA, the Authority approved the company’s Registration Statement on July 28, 2026, and registered a total of 2,818,305 shares. The registered securities include
Bank of Abyssinia (BOA) has officially been listed on the Ethiopian Securities Exchange (ESX) Main Market, becoming one of Ethiopia’s pioneering publicly listed companies and marking another milestone in the country’s developing capital market. The listing was celebrated with a ceremonial bell-ringing event at the Ethiopian Securities Exchange, attended by representatives from the Government of
The Ethiopian Capital Market Authority (ECMA) has registered an additional 3,876,031 existing shares of Wegagen Bank S.C., lifting the lender’s total registered securities to 10,094,666. In a public notice, the Authority said it approved Wegagen’s Registration Statement on July 24, 2026, adding the new tranche to the 6,218,635 shares the bank had previously registered and
Operator posts record revenue and strong network expansion, though subscriber, device and infrastructure targets fell short while financial disclosures remain limited. Ethio Telecom reported ETB 215.82 billion in revenue for the 2025/26 financial year, marking a 33.2% year-on-year increase and achieving 99.7% of its annual revenue target, according to the state-owned operator’s latest annual performance
The Ethiopian Capital Market Authority (ECMA) has approved the registration of Sidama Bank S.C.’s existing shares, marking another step in bringing Ethiopia’s banking sector into the country’s regulated capital market framework. In a public notice issued pursuant to Articles 4 and 29 of the Public Offer and Trading of Securities Directive No. 1030/2024, the Authority
The Ethiopian Capital Market Authority (ECMA) has announced the registration of securities issued by Global Insurance S.C., marking another step in implementing Ethiopia’s securities registration framework under the country’s capital market regulations. According to a notice published by the Authority, ECMA approved Global Insurance’s Registration Statement on June 30, 2026, in accordance with Articles 4
The Ethiopian Capital Market Authority (ECMA) has licensed three new Capital Market Service Providers (CMSPs), further expanding Ethiopia’s capital market ecosystem and increasing the total number of licensed providers from 18 to 21. The newly licensed firms are PrizeWorth Investment Bank S.C., which received an Investment Bank license, and BluFin Capital Advisory PLC and Lumina
The Ethiopian Securities Exchange (ESX) has announced that four companies have received Approval in Principle to list on its Main Market, marking another milestone in the development of Ethiopia’s capital market. The companies are Ayat S.C., Sidama Bank, Nib Insurance S.C., and ZamZam Bank. According to ESX, the approvals allow the companies to advance to
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