Latest Finance & Capital Markets news, analysis, market updates, and Ethiopia-focused business reporting from Aksion.ET, Ethiopia's capital market intelligence platform.
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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.