Ethiopia

Man in front of banner announcing 30 year anniversary of Dashen Bank ahead of capital raise and share offer.
Capital raising

Dashen Bank offers shares ahead of listing on Ethiopian Securities Exchange

Dashen Bank has launched an offer of rights to existing shareholders to raise some ETB 6.4 billion ($41.1 million) in new capital and is preparing ...

Many planes lined up on runway, illustrates innovative financing for Ethiopia new airport
Capital raising

Ethiopia secures $4.8bn in pledges for mega-airport

Ethiopia’s Finance Minister Ahmed Shide has announced $4.8bn is pledged towards a giant $12.5bn Bishoftu International Airport to be built near Abusera, 40 km South ...

Landscape view from high building of Addis Ababa business district and skyscrapers.
Capital raising

Ethiopia roundup – 4 listings in coming weeks, market index coming

Last week’s sold out 2nd Capital Market Summit hosted by Ethiopian Capital Market Authority (ECMA) has spurred a host of stories and announcements. 70 companies ...

view of distant city in haze behind trees illustrate news on Ethiopian Securities Exchange.
Ethiopia

Ethiopia roundup – Awash 4th investment bank, Kenyans taking interest, ECMA social warnings

Awash Capital S.C. is the latest Ethiopian investment bank to be licensed by the Ethiopian Capital Market Authority (ECMA). It received the licence on 19 ...

Bank branch building illustrates Ethiopian architecture. National Bank of Ethiopia launches CSD and investor portal
Ethiopia

National Bank of Ethiopia officially launches CSD

Ethiopia’s central bank, the National Bank of Ethiopia, has officially launched the full-fledged version of its Central Securities Depository (CSD) system and unveiled a national ...

Landscape view from high building of Addis Ababa business district and skyscrapers.
Capital raising

Ethiopian Securities Exchange news roundup

The Ethiopian capital market continues to score new milestones Three more service providers The Ethiopian Capital Market Authority (ECMA) issued licences to 3 new Capital ...

View if Lagos harbour across the lagoon, 3 Nigerian banks raising capital on Nigerian Exchange
Climate

Absa AFMI index shows reform helps in hard times

Two out of three African countries have not improved or slipped backwards in their ratings among the 29 countries scored in the 2025 edition of ...

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 ...

Landscape view from high building 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 ...

Landscape view from high building 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 ...

Landscape view from high building 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 ...