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

Dashen Bank Clears Final Path to Join Ethiopia’s Stock Market

Dashen Bank Clears Final Path to Join Ethiopia’s Stock Market

For years, buying shares in Ethiopia’s biggest companies felt like a private club. But that is officially changing. Dashen Bank has just cleared its final administrative hurdle to list on the brand-new Ethiopian Securities Exchange (ESX). After settling a 506.5 million Birr tax obligation—covering everything from business profits to dividends—the Ministry of Revenues has given … Read more