Ethiopia’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
Ethio 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
The 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
On 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
Ethiopian 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).
CBE 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
The 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
Ethiopian 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
The 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
Safaricom Ethiopia Telecommunications PLC delivered one of its strongest performances yet in the 2025/26 financial year, posting rapid customer growth, surging revenues, and sharply narrowing losses as the telecom operator moves closer to a profitability inflection point. The company’s revenue rose 58.3 percent year-on-year to KShs 14.1 billion, underscoring the pace at which the business
At sunrise in rural Ethiopia, millions of farmers step onto their land, the same land that feeds the country, fuels its exports, and anchors its economy. Agriculture is not just a sector here; it is the system. And yet, behind this familiar image lies a less visible reality: the very sector that sustains Ethiopia is
On a Friday morning in January 2025, Prime Minister Abiy Ahmed walked onto a trading floor in Addis Ababa and rang a bell. There were no traders shouting on the floor. There was no opening tick of a long-running ticker. There was, in fact, only one company listed, Wegagen Bank and the screens behind him
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