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Capital MarketThe Ethiopian Securities Exchange (ESX) has announced significant progress in its listing pipeline, with several major financial institutions moving closer to joining the Exchange’s Main Market. In an official update, ESX confirmed that leading banks have received “Approval in Principle” (AIP) to list their shares, marking a key milestone in Ethiopia’s emerging capital market. Among
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has granted a Capital Market Service Provider (CMSP) license to BDO Consulting PLC under the Securities Investment Advisor (Corporate) category. The license, which became effective on February 12, 2026, increases the total number of licensed Capital Market Service Providers in Ethiopia to 16. Of these, nine are authorized to
Capital MarketEthiopian Airlines Group generated USD 4.4 billion in revenue in the first half of the current fiscal year, marking a 14 percent increase from last year’s record performance, Chief Executive Officer Mesfin Tasew said on Monday. Speaking at a media briefing held at the Ethiopian Skylight Hotel, Mesfin attributed the growth to fleet expansion and
Banking & FinanceThe Ethiopian Capital Market Authority (ECMA) has officially approved and registered the securities of Addis International Convention Center S.C., a key development in Ethiopia’s growing capital market ecosystem. This registration ensures compliance with the Public Offer and Trading of Securities Directive No. 1030/2024, supporting the expansion of Ethiopia’s stock market and securities trading framework. Under
Banking & FinanceThe Ethiopian Capital Market Authority (ECMA) has approved and registered the securities of Bank of Abyssinia S.C., marking an important step in aligning the bank with Ethiopia’s emerging capital market regulatory 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
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Capital MarketThe National Bank of Ethiopia (NBE) has concluded its largest foreign exchange auction since the July 2024 forex reform, selling USD 500 million to commercial banks in a special auction held on Tuesday. According to the central bank, total bids reached USD 592.3 million, exceeding the allotted amount and underscoring continued strong demand for foreign
Capital MarketEthiopia’s emerging capital market continues to gain momentum as Gadaa Securities Dealer S.C. and Awash Investment Bank have secured full trading membership at the Ethiopian Securities Exchange (ESX), expanding the roster of licensed market participants. ESX Chief Executive Officer Tilahun Esmael (PhD) described the current phase of the exchange as an “impeccable experience,” highlighting steady
Capital MarketThat question sounds abstract, but in an emerging capital market, it cuts to the heart of credibility. As Ethiopia takes its first serious steps toward building a formal securities market, the issue of who regulates, who supervises, and who is supervised is no longer theoretical. It is central to whether investors trust the system at
Capital MarketWhen you think about stock markets, it’s easy to imagine investors directly buying and selling shares at will. In reality, there’s a crucial middleman making these trades possible: the broker. Brokers are the hidden engines of the financial markets. They connect buyers and sellers, provide market knowledge, and help ensure transactions happen smoothly. In Ethiopia,
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has approved and registered the securities of Habesha Breweries S.C. in line with Ethiopia’s capital market regulatory framework. The approval, granted on December 31, 2025, follows the requirements set out under Article 4 of the Public Offer Directive and Article 29 of the Public Offer and Trading of Securities
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has granted a capital market business license to Siinqe Investment Bank, officially authorizing the firm to operate as an investment bank in Ethiopia. The license, issued on December 31, 2025, raises the total number of licensed capital market intermediaries in the country to fifteen. With this approval, Siinqe Investment
Capital MarketThe Ethiopian Capital Market Authority (ECMA) has approved the registration of securities issued by Dashen Bank S.C., in line with Articles 4 and 29 of the Public Offer and Trading of Securities Directive No. 1030/2024. In a public notice issued by the Authority, ECMA confirmed that on December 24, 2025, it approved Dashen Bank’s Registration
