Latest Capital Markets & Finance news, analysis, market updates, and Ethiopia-focused business reporting from Aksion.ET - Ethiopia's capital market intelligence platform.
Showing 1–10 of 29 articles

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

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.

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.

The Neway app has been launched for investors to track and interact with the Ethiopian Securities Exchange. It includes real time market data and simulated trading features.

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.

Zemen Bank reported a 148% profit increase to 8.2 billion birr in the 2024 to 2025 fiscal year. CEO Dereje Zebene attributed the success to operational efficiency and strategic resource use.

The Ethiopian Capital Market Authority licensed three new service providers: First Addis Investment Bank, Ignite Capital, and Zuri Capital. This brings the total licensed providers to eleven.

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.

Mamo Mihretu has resigned as Governor of the National Bank of Ethiopia after leading transformative economic reforms, including transitioning to a market based exchange rate system.

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.
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