Ethiopia

view of Addis Ababa city from Mount Entoto, money market progress in Ethiopia
Ethiopia

Trading report Ethiopia money market

The Ethiopian Securities Exchange (ESX) has published a first trading report for the interbank money market covering the week 30 June-4 July. The ESX provides ...

Banking interest in joining the Ethiopian market spurred after new laws. View of Addis Ababa business district and skyscrapers.
Ethiopia

Ethiopia opens to foreign banks

The National Bank of Ethiopia (NBE) issued a directive effective 25 June to allow international banks and foreign investors to apply for banking licences. This ...

Three people celebrating CBE Capital investment bank joining the Ethiopian Securities Exchange as a stockbroker.
Ethiopia

First trade! Second listing! for Ethiopian Securities Exchange (ESX)

UPDATE 7 July: On 4 July Wegagen Capital also claimed credit for the first trade. Perhaps this is unsurprising, since there are so far only ...

Ethiopia

East Africa’s regional 20 share index

The National Securities Exchange of Somalia (NSES) is joining the Somali Stock Exchange as a member of the East African Securities Exchanges Association (EASEA), which ...

Three people celebrating CBE Capital investment bank joining the Ethiopian Securities Exchange as a stockbroker.
Ethiopia

CBE Capital is second stockbroker on Ethiopian exchange

Ethiopia’s new securities exchange admitted its second trading member yesterday (4 June 2025). CBE Capital Investment Bank S.C. joined the Ethiopian Securities Exchange (ESX). So ...

Banking interest in joining the Ethiopian market spurred after new laws. View of Addis Ababa business district and skyscrapers.
Ethiopia

IFC backs Ethiopia’s money market

The Ethiopian Securities Exchange (ESX) and the International Finance Corporation (IFC) on 16 May announced a strategic partnership to build up the Ethiopia money market. ...

four people on a stage as Ethiopian Securities Exchange admits first trading member
Ethiopia

Wegagen is first broker on Ethiopian Securities Exchange

The first trading member has been appointed at the Ethiopian Securities Exchange (ESX). Wegagen Capital Investment Bank S.C received its trading membership certificate on 14 ...

Florence Muchunu leading Ethiopian Securities Exchange (ESX) training session for new stockbrokers and investment banks.
Ethiopia

Ethiopia’s first securities dealer and investment banks

The Ethiopian Securities Exchange is moving closer to starting trading activities, with the news that the Ethiopian Capital Market Authority (ECMA) has granted licenses to ...

Range of mountains in beautiful sunlight for launch of Absa African Financial Markets Index (AFMI) report.
Climate

Clear progress for Africa’s financial markets

Jeff Gable, Chief Economist, and Anthony Kirui, Head of Global Markets Ex.SA, at Absa CIB explain why recent strong progress in Africa’s financial market development ...

Banking interest in joining the Ethiopian market spurred after new laws. View of Addis Ababa business district and skyscrapers.
Ethiopia

Money market trading underway on Ethiopian Securities Exchange (ESX)

As excitement builds ahead of the launch of the Ethiopian Securities Exchange (ESX), banks are already actively trading on its online Interbank Money Market trading ...

Headquarters of Ethio Telecom as it prepares to launch first IPO of the Ethiopian Securities Exchange
Capital raising

Ethio Telecom IPO – Updated with details

UPDATED WITH DETAILS OF SHARE OFFER The state-owned giant Ethio Telecom launched its offer of 10% of its shares to the Ethiopian public from 17 ...

Tilahun Kassahun of Ethiopian Securities Exchange signs trading system agreement with Muhammad Haris Naseer if InfoTech. Technology, capital markets.
Ethiopia

InfoTech trading system for ESX Ethiopian stock exchange

The Ethiopian Securities Exchange (ESX) has signed two pivotal technology agreements with Infotech Private Limited. The agreements cover the design, supply, and installation of an ...

Ethiopian Stock Exchange capital raise shares Addis Ababa
Capital raising

Fast progress at Ethiopian Securities Exchange

The Ethiopian Securities Exchange (ESX) is pushing forwards towards its launch and aims to launch secondary trading in bonds, equities and money market instruments in ...

Banking interest in joining the Ethiopian market spurred after new laws. View of Addis Ababa business district and skyscrapers.
Ethiopia

Electronic trading system for new Ethiopian Securities Exchange

The tenders are open for the automated trading system and broker back office systems for the Ethiopian Securities Exchange (ESX) and for the market surveillance ...

news of african financial markets, capital markets development
Egypt

How good are Africa’s financial markets?

Africa’s financial markets continue to progress and have demonstrated growing financial resilience in 2023, despite a challenging environment. Below we interview Jeff Gable, Absa Group’s ...

Ethiopian Airlines is one of the key holdings in Ethiopia Investment Holdings portfolio
Ethiopia

Ethiopia has one of Africa’s biggest sovereign wealth funds

The Ethiopian Government has transferred 27 state-owned enterprises to a new $38bn sovereign wealth fund, including some of Africa’s biggest and most successful companies such ...

Ethiopia's new stock exchange will be in Addis Ababa
Ethiopia

Progress towards Ethiopia’s Stock Exchange

At least 50 companies are expected to list when Ethiopia’s stock exchange launches. The country’s new $38bn sovereign wealth fund Ethiopia Investment Holdings (EIH) is ...

Coca Cola supports small business owners across Africa
Capital raising

Opening Coca Cola’s $8.1bn IPO plan

Coca-Cola could aim for €7bn ($8.1bn) when it lists its African bottling operations with an initial public offering (IPO) of shares before listing on Euronext ...

Ethiopia

Ethiopia’s draft capital markets bill

One of Africa’s biggest economies is taking a step closer to establishing a capital market to allocate capital more efficiently. The National Bank of Ethiopia ...

Capital raising

Ethiopia aims for stock exchange by 2020

Ethiopia has set itself a tight timetable for economic reform, including privatization of telecoms by the end of 2019 and a domestic stock exchange by ...