Ethio Telecom Lists on ESX: 45,000 Verified Investors Cleared to Trade

Ethio Telecom Lists on ESX

Ethio Telecom registered with the Ethiopian Capital Market Authority (ECMA) and is now officially listed on the Ethiopian Securities Exchange (ESX) under the ticker symbol TELE, opening legal secondary-market trading for thousands of retail shareholders. CEO Frehiwot Tamru confirmed that ECMA approval and final reconciliation of investor records are complete. As a result, 45,000 verified … Read more

Abay Bank Registered 9.6 Million Existing Shares With Ethiopian Capital Market Authority

Abay Bank registered nine million six hundred fifty-seven thousand two hundred eighty‑six (9,657,286) existing shares already held by shareholders.

On May 11, 2026, Abay Bank registered nine million six hundred fifty-seven thousand two hundred eighty‑six (9,657,286) existing shares already held by shareholders. In a notice issued on Monday, Ethiopian capital market authority announced that it had approved Abay Bank’s Registration Statement in accordance with Articles 4 and 29 of the Public Offer and Trading … Read more

Ethiopia’s Capital Market Authority Flags Illegal Share Sales by Baira Share Company

Ethiopia’s Capital Market Authority Flags Illegal Share Sales by Baira Share Company

ADDIS ABABA – The Ethiopian Capital Market Authority (ECMA) has issued an urgent public warning regarding the illegal sale of shares by Baira Share Company, also operating under the name “Arba Minch Water.” Following a recent regulatory sweep, the Authority discovered that Baira Share Company has been offering shares to the public to fund a … Read more

ZEMEN BANK Registered Fifteen Million Shares With Ethiopian Capital Market Authority

zemen bank registered 15 million shares with ecma

On April 21, 2026, the Ethiopian Capital Market Authority issued a public notice stating that it has approved the registration statement of ZEMEN BANK S.C. and registered Fifteen million (15,000,000) shares already held by shareholders. The registration is pursuant to Article 4 and 29 of the Public Offer and Trading of Securities Directive  No. 1030/2024, … Read more

Ethiopia’s Parliamentary Standing Committee Reviews ECMA’s 9 Month Progress

Ethiopia's Parliamentary Standing Committee Reviews ECMA’s 9 Month Progress

The House of Peoples’ Representatives Standing Committee on Trade and Tourism conducted a supervisory field visit to the Ethiopian Capital Market Authority (ECMA) to assess progress on its nine-month plan and overall institutional readiness. The visit provided an opportunity for constructive dialogue on ECMA’s  progress in strengthening regulatory and legal frameworks, human resource capacity, and … Read more

ECMA Licensed Capital Market Service Providers Reached 16 – Here’s a complete list

licensed capital market service providers

On February 12, 2026, Ethiopian Capital Market Authority (ECMA) granted License to BDO Consulting PLC, part of a BDO Advisory a global network with over 95,000 people in 169 countries, which provides specialized consulting services to improve business efficiency, manage risk, and support growth. The license brings the total number of licensed CMSPs in Ethiopia to … Read more

Dangote plans landmark IPO targeting African exchanges, including Ethiopia’s ESX

Dangote plans landmark IPO targeting African exchanges, including Ethiopia's ESX

Aliko Dangote plans to sell 10% of his $20 billion refinery via a landmark IPO targeting African exchanges, including Ethiopia’s ESX. This could mark ESX’s first secondary listing and boost Ethiopia’s capital markets. A secondary listing is the listing of a company’s shares on a stock exchange other than its primary exchange, often to access … Read more

National Bank of Ethiopia Launches Automated Interbank FX Trading Platform

National Bank of Ethiopia (NBE) officially launches the Automated Interbank FX Trading Platform. Read Governor Eyob Tekalign’s vision for a market-based forex system.

In a landmark move for Ethiopia’s financial landscape, the National Bank of Ethiopia (NBE) officially launched the Automated Interbank Foreign Exchange Trading Platform today, January 28, 2026. The launch event, held at the NBE headquarters, brought together executives from the Ethiopian Securities Exchange (ESX), leaders of commercial banks, and key international financial stakeholders. The platform … Read more

Ethiopia’s Central Bank Goes Regional: New NBE Branches to Launch in 2026

Construction site of the National Bank of Ethiopia regional branch and map of Ethiopia's financial hubs.

The National Bank of Ethiopia (NBE) is decentralizing its power, moving beyond its headquarters in Addis Ababa to establish four new regional branches. In a major step toward modernizing the country’s financial oversight, the central bank has confirmed that construction is now underway in Bahir Dar, Jimma, Hawassa, and Dire Dawa. The expansion isn’t just … Read more

Top Banks Get Green Light to Go Public on Ethiopia Stock Market

The ESX approves major Ethiopian banks for the Main Market. Find out which banks are listing and how you can start investing in Ethiopia's new stock exchange.

The Ethiopian Securities Exchange (ESX) has officially signaled a new era for the country’s economy. In a major milestone, six of Ethiopia’s banking giants have received “approval in principle” to list on the ESX Main Market, marking the beginning of a modern era for local investors. While several institutions are in the pipeline, two banks … Read more