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Capital MarketThe Ethiopian Capital Market Authority (ECMA) has approved the registration of securities of Nib Insurance S.C., marking another step in the development of Ethiopia’s capital market. According to a notice issued by ECMA, the Authority approved the company’s Registration Statement on July 28, 2026, and registered a total of 2,818,305 shares. The registered securities include
Capital MarketBank of Abyssinia (BOA) has officially been listed on the Ethiopian Securities Exchange (ESX) Main Market, becoming one of Ethiopia’s pioneering publicly listed companies and marking another milestone in the country’s developing capital market. The listing was celebrated with a ceremonial bell-ringing event at the Ethiopian Securities Exchange, attended by representatives from the Government of
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Capital MarketThe Ethiopian Capital Market Authority (ECMA) has registered an additional 3,876,031 existing shares of Wegagen Bank S.C., lifting the lender’s total registered securities to 10,094,666. In a public notice, the Authority said it approved Wegagen’s Registration Statement on July 24, 2026, adding the new tranche to the 6,218,635 shares the bank had previously registered and
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BusinessOperator posts record revenue and strong network expansion, though subscriber, device and infrastructure targets fell short while financial disclosures remain limited. Ethio Telecom reported ETB 215.82 billion in revenue for the 2025/26 financial year, marking a 33.2% year-on-year increase and achieving 99.7% of its annual revenue target, according to the state-owned operator’s latest annual performance
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Capital MarketThe Ethiopian Capital Market Authority (ECMA) has approved the registration of Sidama Bank S.C.’s existing shares, marking another step in bringing Ethiopia’s banking sector into the country’s regulated capital market framework. In a public notice issued pursuant to Articles 4 and 29 of the Public Offer and Trading of Securities Directive No. 1030/2024, the Authority
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has announced the registration of securities issued by Global Insurance S.C., marking another step in implementing Ethiopia’s securities registration framework under the country’s capital market regulations. According to a notice published by the Authority, ECMA approved Global Insurance’s Registration Statement on June 30, 2026, in accordance with Articles 4
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has licensed three new Capital Market Service Providers (CMSPs), further expanding Ethiopia’s capital market ecosystem and increasing the total number of licensed providers from 18 to 21. The newly licensed firms are PrizeWorth Investment Bank S.C., which received an Investment Bank license, and BluFin Capital Advisory PLC and Lumina
Capital MarketThe Ethiopian Securities Exchange (ESX) has announced that four companies have received Approval in Principle to list on its Main Market, marking another milestone in the development of Ethiopia’s capital market. The companies are Ayat S.C., Sidama Bank, Nib Insurance S.C., and ZamZam Bank. According to ESX, the approvals allow the companies to advance to
Capital MarketHibret Insurance S.C. has become the first insurance company in Ethiopia to register its securities with the Ethiopian Capital Market Authority (ECMA), marking another milestone in the country’s developing capital market. ECMA approved the company’s Registration Statement on June 29, 2026, in accordance with the Public Offering and Trading of Securities Directive No. 1030/2024. The
Capital MarketEthio Telecom shares are trading at 900 birr on Monday, up 5.63% on the day and three times the 300 birr price at which the government sold them to the public less than two years ago. For a stock that has traded on the Ethiopian Securities Exchange (ESX) for barely six weeks, TELE has already
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has approved the registration of securities of Gadaa Bank S.C., comprising 230,713 existing shares already held by shareholders and one million new shares, marking continued progress in the bank’s participation in Ethiopia’s capital market. In a public notice issued on July 06, 2026, ECMA announced that on June 29,
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Capital MarketThe Ethiopian Capital Market Authority (ECMA) has approved the registration of securities of Zam Zam Bank S.C., comprising five million existing shares already held by shareholders and one million new shares approved for offer, marking another milestone in the development of Ethiopia’s capital market. In a public notice issued on July 06, 2026, ECMA announced
