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Aksion Editorial Team

Aksion Editorial Team writes for Aksion.ET, covering Ethiopia's banking sector, the Ethiopian Securities Exchange (ESX), capital markets, and the wider economy.

Latest by Aksion Editorial Team

Finance & Capital Markets

Shabelle Bank Reports Tenfold Profit Increase to 231 Million Birr

Shabelle Bank saw its pre-tax profit surge to 231 million Birr for the 2025/26 fiscal year, driven by a 122 percent growth in customer deposits.

Aksion Editorial TeamJul 20, 2026

Business

Write Guest Article for Aksion.ET: Elevate Your Profile on Ethiopia’s Economic Frontier

Write for Aksion.ET: Elevate Your Profile on Ethiopia’s Economic Frontier Are you an industry expert, a seasoned analyst, or a thought leader with a pulse on the Ethiopian market?...

Aksion Editorial TeamJul 19, 2026

Economy

East African Community Sets 2031 Horizon for Unified Currency Despite Challenges

The East African Community has rescheduled the launch of its regional single currency to 2031, citing previous economic challenges and the need for member states to meet specific macroeconomic criteria. The bloc comprising Kenya, Uganda, Tanzania, Rwanda, Burundi, South Sudan, the Democratic Republic of the Congo, and Somalia is now prioritizing a phased rollout.

Aksion Editorial TeamJul 18, 2026

Finance & Capital Markets

Berhan Bank Reports 77% Profit Surge to 5.06 Billion Birr

Berhan Bank has announced a substantial improvement in its financial performance for the 2025/26 fiscal year. The lender reported a pre-tax profit of 5.06 billion Birr, marking a 7...

Aksion Editorial TeamJul 17, 2026

Business

Chinese Processor Huichuan Yongyu Signs MoU to Develop Coffee Industrial Park in Ethiopia

Chinese firm Huichuan Yongyu has signed a memorandum of understanding with the Ethiopian Investment Commission to establish an integrated coffee industrial park, aiming to boost local value addition.

Aksion Editorial TeamJul 16, 2026

Economy

National Bank of Ethiopia Lifts Credit Cap, Adjusts Policy Rate and FX Rules

The National Bank of Ethiopia has removed its temporary credit cap and raised its policy rate by 1 percentage point to maintain a tight monetary stance amidst inflationary pressures.

Aksion Editorial TeamJul 13, 2026

Business

Ethiopian Capital Market Authority Registers Global Insurance S.C. Securities

The Ethiopian Capital Market Authority has officially registered over 737,000 shares for Global Insurance S.C., covering both existing holdings and new offerings for shareholders.

Aksion Editorial TeamJul 13, 2026

Economy

Ethiopian Capital Market Authority Licenses Three New Service Providers

Ethiopian Capital Market Authority Licenses PrizeWorth, BluFin, and Lumina The Ethiopian Capital Market Authority (ECMA) has officially granted licenses to three new capital market...

Aksion Editorial TeamJul 10, 2026

Business

Cooperative Bank of Oromia’s Michu Digital Lending Hits 60 Billion Birr

The Michu digital lending platform has reached 60 billion birr in total disbursements, adding 8 billion birr in new loans over the past three months.

Aksion Editorial TeamJul 9, 2026

Business

Ethiopia Secures Two of Africa’s Largest Industrial Investments in 2025

Ethiopia attracted two of the ten largest greenfield investment projects in Africa during 2025, maintaining a steady annual foreign direct investment inflow of approximately $4 billion.

Aksion Editorial TeamJul 9, 2026

Business

Benishangul Gumuz Supplies Nearly 9 Tonnes of Gold to National Bank of Ethiopia

The Benishangul Gumuz Regional State delivered 8,985 kilograms of gold to the National Bank of Ethiopia during the 2025/26 fiscal year, citing improved sector reforms.

Aksion Editorial TeamJul 9, 2026

Business

Ethiopia Records $4.32 Billion in FDI as Investment Licenses Reach Annual Targets

Ethiopia attracted $4.32 billion in foreign direct investment during the 2025/26 fiscal year, an 8% increase supported by new investment licenses and improved export performance in Special Economic Zones.

Aksion Editorial TeamJul 9, 2026

Finance & Capital Markets

Gadaa Bank Launches 1-Million Share Issuance Following ECMA Approval

Gadaa Bank has opened a public offering for one million shares priced at 1,050 birr each to fund its digital banking expansion. The subscription period runs from June 30, 2026, to September 27, 2026.

Aksion Editorial TeamJul 9, 2026

Business

Anbesa Bank Shareholders Petition NBE Governor Eyob Following Board Election Nullification

Shareholders representing 35 percent of Anbesa Bank’s capital are requesting an urgent meeting with the National Bank of Ethiopia after the regulator revoked its approval of the bank’s board election.

Aksion Editorial TeamJul 9, 2026

Business

Ethiopia Advances Intellectual Property Reform to Boost Innovation and Global Trade

Ethiopia is modernizing its intellectual property framework to boost investment and innovation as part of its ongoing integration into global trade systems.

Aksion Editorial TeamJul 9, 2026

Finance & Capital Markets

Hijra Bank Reports 97% Revenue Surge Following Regulatory Exemption

Hijra Bank achieved record financial growth in the 2025/2026 fiscal year after the National Bank of Ethiopia exempted interest-free banks from restrictive credit caps.

Aksion Editorial TeamJul 9, 2026

Tech

Beamlak Alemayehu of Medanit Digital Health Wins 2026 Bayer Foundation Award

Beamlak Alemayehu, founder of the Ethiopian platform Medanit Digital Health, has been honored with the Bayer Foundation Women Entrepreneurs Award 2026 for her contributions to healthcare innovation.

Aksion Editorial TeamJul 8, 2026

Politics

Prosperity Party Proposes Two-Term Limit for Government Tenure

Prime Minister Abiy Ahmed announced that the ruling Prosperity Party will propose a two-term limit for incumbent governments at the upcoming National Dialogue Conference to foster peaceful power transitions.

Aksion Editorial TeamJul 8, 2026

Ethiopia

Ethiopia and Thailand Sign Bilateral Market Access Protocol for WTO Accession

Ethiopia has reached a new milestone in its WTO accession process by signing a bilateral market access agreement with Thailand in Geneva.

Aksion Editorial TeamJul 8, 2026

Finance & Capital Markets

Ethiopian Securities Exchange Grants Approval in Principle to 4 Companies

The Ethiopian Securities Exchange (ESX) has announced that four prominent companies have received Approval in Principle as they advance through the formal listing process. This dev...

Aksion Editorial TeamJul 7, 2026

Business

Ethiopia Hits Record 11 Billion USD in Export Revenue

Ethiopia generated 11 billion USD in export revenue during the most recent fiscal year, with the gold sector contributing half of the total earnings.

Aksion Editorial TeamJul 7, 2026

Finance & Capital Markets

Ethio Telecom Listing Opens New Chapter for Ethiopia’s Stock Market

Ethio Telecom officially listed on the Ethiopian Securities Exchange on May 26, 2026. Verified shareholders can now formally trade their shares on the market.

Aksion Editorial TeamMay 27, 2026

Finance & Capital Markets

From Proclamation to Platform: The Full Evolution of Ethiopia’s Capital Market (2021–2026)

Between 2021 and 2026, Ethiopia established the foundational laws and digital infrastructure for its new capital market. The transition culminated in the launch of the Ethiopian Securities Exchange.

Aksion Editorial TeamMar 24, 2026

Finance & Capital Markets

Dashen Bank Prospectus: New Share Issuance to Existing Shareholders

Dashen Bank is raising ETB 6.3 billion by issuing new shares to existing shareholders at ETB 2,900 per share. This increases its paid up capital to ETB 20.74 billion.

Aksion Editorial TeamDec 25, 2025