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Capital MarketThe Ethiopian Securities Exchange (ESX) has recorded a major milestone, with equity transactions reaching approximately 1 billion birr this week, according to ESX Chief Executive Officer Dr. Tilahun Esmael Kassahun. Speaking on the progress of Ethiopia’s capital market, the CEO noted that while similar transaction volumes are often achieved within a single day in some
Capital MarketEthiopia’s capital market is still young. The institutions are new. The regulations are evolving. The ecosystem is taking shape almost in real time. Yet amid this period of transformation, another story is unfolding, one that may prove just as important as the market’s infrastructure itself. It is the emergence of a new generation of professionals
The Ethiopian Capital Market Authority (ECMA) has granted a Capital Market Service Provider (CMSP) license to United Capital Financial Services PLC, a subsidiary of Nigeria-based United Capital Group, making it the first foreign investment bank to establish a licensed subsidiary in Ethiopia. The license, issued on June 5, authorizes the company to operate under the
Capital MarketEthiopia’s Interbank Money Market (IMM) has exceeded 3 trillion birr in cumulative transaction value, marking a major milestone in the country’s ongoing financial-sector reforms and highlighting the rapid adoption of market-based liquidity management among commercial banks. The achievement comes less than two years after the market was launched in October 2024 on the Ethiopian Securities
Capital MarketEthio Telecom has achieved a major milestone as it officially listed on the Ethiopian Securities Exchange, paving the way for its shareholders to freely trade shares on the stock market. According to the latest update, 96% of investors who purchased Ethio Telecom shares have successfully completed verification and are now recognized as verified shareholders. Key
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Capital MarketThe Ethiopian Capital Market Authority (ECMA) has issued a public warning against an unregistered share sale being promoted by “Gezana General Trading Joint Stock Company,” stating that the company has been offering securities to the public without regulatory approval. According to the Authority, Gezana General Trading has been advertising investment opportunities linked to the planned
Capital MarketOn the morning of July 11, 2025, a country of roughly 135 million people, the second-most populous in Africa, officially opened its first organized securities exchange. It was a surprisingly understated moment for something this significant. The Ethiopian Securities Exchange (ESX) had, in essence, taken 51 years to arrive. Ethiopia once had a small share-trading
Capital MarketEthiopian Securities Exchange (ESX) has announced the first amendment to its Fees Schedule, introducing a series of reforms aimed at lowering barriers to market participation, supporting capital raising, and improving liquidity across Ethiopia’s emerging capital market ecosystem. The amendment, which took effect on May 2, 2026, was approved by the Ethiopian Capital Market Authority (ECMA).
Capital MarketCBE Capital has announced that it has become the first investment bank in Ethiopia to transact more than 1 billion birr in Treasury Bills, marking a significant milestone in the country’s emerging capital market ecosystem. The firm credited the achievement to growing client participation and the efforts of its investment team, noting that the milestone
Capital MarketThe Ethiopian Securities Exchange (ESX) has announced major amendments to its Rules and Procedures governing the Over-the-Counter (OTC) Market, introducing new requirements for issuers, expanding participation in the debt market, and strengthening market oversight mechanisms. The amendments, approved by the Ethiopian Capital Market Authority (ECMA), took effect immediately and are aimed at improving transparency, investor
Banking & FinanceEthiopian Capital Market Authority has approved the registration of securities for Abay Bank S.C., marking another milestone in the development of Ethiopia’s emerging capital market ecosystem. In a notice issued on Monday, the Authority announced that it had approved Abay Bank’s Registration Statement in accordance with Articles 4 and 29 of the Public Offer and
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Capital MarketThe Ethiopian Securities Exchange has officially onboarded Siinqee Investment Bank and First Addis Investment Bank as its 6th and 7th trading members, marking another step in the gradual deepening of Ethiopia’s capital market. The onboarding ceremony was held at the ESX Trading Floor in Addis Ababa, bringing together key regulators, market participants, and financial institutions
