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Capital MarketThe Ethiopian Capital Market Authority (ECMA) has issued a public warning against Byra Share Company for illegally offering shares without regulatory approval, urging investors to avoid engaging in unauthorized securities transactions. In its statement, the Authority revealed that Byra Share Company had been promoting the sale of shares under the slogans “I am establishing a
Banking & FinanceEthiopian Securities Exchange (ESX) has officially listed Awash Bank S.C. on its main market, marking a significant milestone in the development of Ethiopia’s capital markets. The listing was inaugurated with a bell-ringing ceremony at the exchange’s trading floor, positioning Awash Bank among the first financial institutions to debut on the platform. Awash Bank, the largest
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Banking & FinanceThe Ethiopian Capital Market Authority (ECMA) said it has approved the registration of securities for Zemen Bank S.C., marking another step in the country’s evolving capital market framework. The regulator confirmed that, as of April 21, it has registered 15 million shares already held by the bank’s existing shareholders. The move is in line with
Capital MarketEthiopia’s capital market regulator has granted an investment banking license to Prime Capital S.C., in the latest step toward building the country’s nascent securities market. The Ethiopian Capital Market Authority (ECMA) said on Tuesday it had issued a Capital Market Service Provider (CMSP) license to the firm under the non-banking investment banking category, bringing the
Capital MarketEthiopia’s pension funds are approaching a pivotal shift, but this time the story is more nuanced than simply “low returns versus high inflation.” The numbers themselves are changing and so is the strategy. For years, institutions like the Private Organization Employees’ Social Security Administration (POESSA) operated in a system where government securities offered relatively low
Capital MarketEthiopian Capital Market Authority has officially approved the registration of securities for Awash Bank S.C., marking another step forward in the development of Ethiopia’s emerging capital market. In a public notice issued on March 16, 2026, the Authority confirmed that it has reviewed and approved Awash Bank’s Registration Statement in accordance with the Public Offer
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Capital MarketThe Ethiopian Securities Exchange (ESX) has unveiled “Neway”, its first web and mobile trading application designed to make investing in Ethiopia’s capital market more accessible to individuals across the country. Announced in Addis Ababa, the platform represents a major step in the digital development of Ethiopia’s emerging securities market, enabling investors to open trading accounts,
Capital MarketIn modern financial systems, some of the most important changes happen far from public attention. They occur not on trading floors or stock exchanges, but in the quiet, technical infrastructure that keeps money moving between institutions. In Ethiopia, one such system has been expanding rapidly. The country’s interbank money market has now surpassed 2 trillion
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has appointed Ms. Rahel Kassa as its new Deputy Director General. Ms. Rahel brings extensive experience in legal policy, institutional reform, and public sector leadership. She most recently served as Legal and Policy Advisor and Gender Equity & Inclusion Lead at the National ID Program of Ethiopia (Fayda). Prior
Capital MarketFor decades, COBOL has quietly powered the backbone of the global economy. It runs an estimated 95% of ATM transactions in the United States. It processes airline bookings, government records, insurance claims, and retail payments. Hundreds of billions of lines of COBOL code are still running in production every single day. But there’s a problem:
Capital MarketFor fifty years, Ethiopia had no stock exchange. In 1974, private finance was nationalized. Banks became state instruments. Capital allocation was administrative. If you wanted funding, you went to a bank. If the bank didn’t lend, you didn’t grow. That was the system. Then, quietly at first, the architecture began to change. The creation of
Banking & FinanceDashen Bank S.C. has opened a new share offering to investors following the approval of its prospectus by the Ethiopian Capital Market Authority (ECMA). According to the approved prospectus, prospective investors can purchase newly issued shares by visiting the bank’s head office and opening a trading account with stock brokers or investment banks licensed by
