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Capital MarketOromia Bank S.C. has registered 7,824,963 existing shares with the Ethiopian Capital Market Authority (ECMA), marking another step in the bank’s participation in Ethiopia’s developing capital market. The ECMA said it approved Oromia Bank’s Registration Statement on September 30, 2026, and registered the shares held by the bank’s existing shareholders. The registration was made under
Capital MarketGoh Betoch Bank S.C. has registered 2,176,368 existing shares with the Ethiopian Capital Market Authority (ECMA), marking another step toward the bank’s participation in Ethiopia’s securities market. The ECMA said it approved the bank’s Registration Statement on September 30, 2026, and registered the shares currently held by the bank’s shareholders. The registration was made pursuant
The Ethiopian Capital Market Authority (ECMA) has approved the registration of 9,999,000 shares of Berhan Bank S.C., comprising both existing and newly offered shares, as the bank formally enters Ethiopia’s capital market registration framework. In a notice dated October 1, 2026, ECMA confirmed it had approved the Registration Statement of Berhan Bank S.C. on September
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has approved the registration of 210,000,000 shares of Cooperative Bank of Oromia S.C., comprising both existing and newly offered shares, in one of the larger share registrations the authority has processed to date. In a notice dated October 1, 2026, ECMA confirmed it had approved the Registration Statement of
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has approved the registration of 8,000,000 existing shares of Awash Insurance S.C., adding another name to the growing list of non-bank financial institutions entering Ethiopia’s capital market framework. In a notice dated October 1, 2026, ECMA confirmed it had approved Awash Insurance’s Registration Statement on September 30, 2026, and
Capital MarketNot every company that rings the bell at the Ethiopian Securities Exchange (ESX) is raising money. Of the six companies on the ESX Main Market, most arrived without selling a single new share to the public. That is not a flaw. It is a choice of listing route, and the route a company takes shapes
Capital MarketIf you want to buy shares on the Ethiopian Securities Exchange, you cannot just walk in and place an order yourself. Trading at the ESX is fully electronic, with no physical trading floor, and it can only be done through licensed intermediaries such as brokers and dealers. Investors are not directly involved in the trade
Capital MarketSidama Bank S.C. began trading on the Ethiopian Securities Exchange (ESX) on Monday, opening at Br 1,300 per share under the ticker SIDAX, in a quiet debut that saw nine shares change hands. The listing makes the former microfinance lender the seventh confirm company on the bourse’s Main Market. Wegagen Capital Investment Bank acted as
Capital MarketEthiopia’s capital market has cleared one of its most anticipated regulatory milestones after the Ministry of Justice today registered and approved the Collective Investment Schemes Operation Directive No. 1150/2026, the Ethiopian Capital Market Authority (ECMA) announced. The directive, issued under the Capital Market Proclamation No. 1248/2021, sets out the legal framework for how collective investment
Capital MarketAwash Bank (AWAB) dominated trading on the Ethiopian Securities Exchange (ESX) on Wednesday, with 16,522 shares changing hands, nearly 17 times the 986 shares traded in the previous session. The surge lifted total mainboard volume to about 22,014 shares, up from 4,009 on Tuesday. AWAB alone accounted for roughly 75% of the day’s traded volume,
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Capital MarketGadaa Bank reported a pre-tax profit of Br1.05 billion for the 2025/26 financial year, more than doubling from Br444 million a year earlier, according to figures reported by Birrmetrics. The bank’s profit increased by more than 120 percent as its balance sheet expanded rapidly during the year. Total assets rose 64 percent to Br16.5 billion
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Capital MarketWegagen Bank S.C., the first company to list on the Ethiopian Securities Exchange (ESX), reported a 13.6 percent rise in net profit for the 2025/26 financial year. A sharp expansion in its capital base, however, pushed per-share earnings down. For shareholders in one of the market’s reference stocks, that gap now matters most. The bank
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