Prize Worth Investment Bank S.C. has officially joined the Ethiopian Securities Exchange (ESX) as a Trading Member. The admission brings the total number of licensed trading members on the exchange to nine, according to a statement from ESX.
The investment bank received its membership certificate at a ceremony held at the exchange's head office in Addis Ababa. The admission follows the firm's licensing by the Ethiopian Capital Market Authority (ECMA) and its compliance with ESX membership requirements.
As a Trading Member, Prize Worth Investment Bank will be able to execute securities transactions on behalf of clients through the ESX trading platform. The entry adds to the range of brokerage and investment services available to the public and is expected to support broader investor participation in Ethiopia's capital market.
Yodit Kassa, Chief Executive Officer of the Ethiopian Securities Exchange, said the addition of a ninth trading member reflects progress in building a strong network of qualified intermediaries. She noted that expanding investor access and building market confidence depend on having capable and compliant market participants.
Why it matters for Ethiopia
The growth in ESX trading members points to rising private sector interest in Ethiopia's securities market. More intermediaries can help connect retail and institutional investors to listed opportunities, which is a key step for improving liquidity and market depth as the exchange continues its early development.
Aksion.ET data shows seven listed equities on the ESX with recent closing prices ranging from 434.81 birr for TELE to 2,327.14 birr for AWAB. As the exchange adds trading members, the capacity to facilitate transactions across these listed companies is expected to strengthen.
What to watch
ESX has indicated it remains focused on widening market participation and building investor trust. The pace of future trading member admissions and the volume of transactions handled by new intermediaries will be important indicators of how quickly Ethiopia's capital market matures.
ABAYB1290
AWAB2300
BOAX1799
GDAB1000
SIDAX1300
TELE430
WGBX1050
