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 far there is one listed company, Wegagen Bank S.C. and trading operations have not started but are expected soon. CBE Capital investment bank is a public-private partnership between state-owned giant […]
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 2020. A World Bank team was due to arrive in Addis Ababa in December to provide technical help to develop the capital market. Last week Financial Times repeated the timetable […]
Ethiopia plans more bonds for $4.7bn hydropower dam
Ethiopia has raised Birr 7 billion ($408 million) of debt to finance the $4.8 bn Grand Ethiopian Renaissance Dam on the Blue Nile River, and plans to issue more bonds to raise the finance domestically.