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Rahel Kassa Appointed Deputy Director General of Ethiopian Capital Market Authority
The Ethiopian Capital Market Authority (ECMA) has appointed Ms. Rahel Kassa as its new Deputy Director General. Ms. Rahel brings...
Read moreDetailsAI Disrupts $100B Legacy Code Market, Sending IBM Down 13%
For decades, COBOL has quietly powered the backbone of the global economy. It runs an estimated 95% of ATM transactions...
Read moreDetailsThe Day Ethiopia Rebuilt Its Financial DNA
For fifty years, Ethiopia had no stock exchange. In 1974, private finance was nationalized. Banks became state instruments. Capital allocation...
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Dashen Bank Opens New Share Sale Following ECMA Prospectus Approval
Dashen Bank S.C. has opened a new share offering to investors following the approval of its prospectus by the Ethiopian...
Read moreDetailsMajor Banks Advance Toward Listing on Ethiopian Securities Exchange Main Market
The Ethiopian Securities Exchange (ESX) has announced significant progress in its listing pipeline, with several major financial institutions moving closer...
Read moreDetailsEthiopian Airlines Posts USD 4.4 Billion in Half-Year Revenue
Ethiopian Airlines Group generated USD 4.4 billion in revenue in the first half of the current fiscal year, marking a...
Read moreDetailsECMA Registers 12.211 Million Addis International Convention Center Shares for Capital Market Compliance
The Ethiopian Capital Market Authority (ECMA) has officially approved and registered the securities of Addis International Convention Center S.C., a...
Read moreDetailsECMA Registers 18.125 Million Bank of Abyssinia Shares, Clears Rights Offer Registration
The Ethiopian Capital Market Authority (ECMA) has approved and registered the securities of Bank of Abyssinia S.C., marking an important...
Read moreDetails🔴 BREAKING: Ethiopia’s Largest Forex Auction Clears at 154.82 Birr/USD as NBE Sells USD 500 Million
The National Bank of Ethiopia (NBE) has concluded its largest foreign exchange auction since the July 2024 forex reform, selling...
Read moreDetailsGadaa Securities Dealer, Awash Investment Bank Secure Full ESX Trading Membership
Ethiopia’s emerging capital market continues to gain momentum as Gadaa Securities Dealer S.C. and Awash Investment Bank have secured full...
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