News/Ethiopia

Ethiopia

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

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Ethiopia

Hibret Bank pre-tax profit jumps more than sevenfold to 5.46 billion birr

Hibret Bank reported a pre-tax profit of 5.46 billion birr for the 2025/26 fiscal year, up 628.55 percent from the previous year. The bank said revenue diversification, cost management, and a foreign exchange gain drove the turnaround.

Bethlehem Gashaw3 min read

Several Investment Banks Appointed Lead Distributors for Dangote Refinery Shares in Ethiopia

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

Ethiopia

Ethiopia

Hibret Bank pre-tax profit jumps more than sevenfold to 5.46 billion birr

Hibret Bank pre-tax profit jumps more than sevenfold to 5.46 billion birr

Several Investment Banks Appointed Lead Distributors for Dangote Refinery Shares in Ethiopia

CBE Capital to distribute Dangote Petroleum Refinery shares to qualified Ethiopian investors

Abiy Ahmed Elected Prime Minister for Another Five-Year Term

Ahmed Shide Elected Speaker of Ethiopia's House of Peoples' Representatives

Oromia Insurance Registers 3 Million Existing Shares with Ethiopian Capital Market Authority

Ethiopian Capital Market Authority Registers Berhan Bank and Cooperative Bank of Oromia Securities

Awash Insurance registers 8 million existing shares with Ethiopia's capital market authority

National Bank of Ethiopia Flags 17 Unauthorized Remittance Operators

Global Energy Shock: How the 2026 Middle East War Reopened Inflation Across Developing Nations While the U.S. Cools