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

Dashen Bank and the Bank of Abyssinia are set to be listed on the Ethiopian Securities Exchange (ESX) in the coming weeks, marking a significant expansion of the nation’s capital m...

The National Bank of Ethiopia launched the country's first Central Securities Depository and the Tsega Investor Portal. This fully digitizes share records and replaces paper certificates.

Bank of Abyssinia reported a 91.3% increase in pre tax profit to 10 billion birr for the 2024 to 2025 fiscal year. The bank is focusing on a digital first strategy to reduce expenses.

KCB Bank is positioning itself to enter Ethiopia's banking sector. Comparing KCB to top Ethiopian banks reveals critical gaps in efficiency and highlights new challenges for local institutions.

Wegagen Bank has issued a prospectus to register its existing shares with the Ethiopian Capital Market Authority in preparation for future trading on the Ethiopian Securities Exchange.

Foreign bank entry into Ethiopia is expected to drive domestic bank share premiums higher by up to 100%. Investors anticipate strong demand for well capitalized institutions like Awash and Abyssinia Bank.

Ethiopia has approved a proclamation allowing foreign banks to enter the market. This marks a strategic shift toward global financial integration and modernization after decades of restrictive policies.

Ethiopian insurance companies reported significant dividend growth in the 2023 to 2024 fiscal year, while banks saw slight declines. The National Bank's loan cap policy heavily impacted banking performance.

Analyzing key metrics like Profit Margin and Return on Assets is crucial for understanding the efficiency and financial health of Ethiopia's expanding banking sector.

Investors buying Ethio Telecom shares are paying a premium at ETB 300 per share compared to the ETB 100 par value. The shares are being sold by Ethiopian Investment Holdings.

The Ethiopian Birr surged in value to around 90 to 107 ETB per USD following a new National Bank directive mandating higher foreign currency reserves for commercial banks.

The Ethiopian Capital Market Authority issued a directive to license the first securities exchange in Ethiopia. This takes effect in July 2024 and establishes a structured capital market.

The Ethiopian Securities Exchange will begin trading shares and government securities in September 2024. The exchange plans to list around 90 companies within its first decade.

Ethiopia is opening its financial sector to foreign banks. Foreign players can establish subsidiaries, invest in existing banks, or open branches to tap into the emerging market.