Financial Data

Hana Tehelku has been appointed to lead the Ethiopian Capital Market Authority following the departure of Dr. Brook Taye, who transitioned to CEO of Ethiopian Investment Holdings.

Bethlehem Gashaw3 min read

Finance & Capital Markets

Ethiopian Birr Climbs: Key Insights into the Recent floating of birr

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.

Eliyon Z.3 min read

Finance & Capital Markets

Ethiopian Capital Market Authority Issues Groundbreaking Directive to License First Securities Exchange

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.

Eliyon Z.3 min read

Finance & Capital Markets

Ethiopian Securities Exchange Launch: Seize Early Investment Opportunities!

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.

Eliyon Z.2 min read

Business

The End of Local Banks in Ethiopia? 3 Ways Foreign Banks are Poised to Take Over

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.

Eliyon Z.4 min read

Finance & Capital Markets

Successful Capital Market Training Session Held for Development Bank of Ethiopia

The Ethiopian Securities Exchange hosted a successful capital market training session for the Development Bank of Ethiopia to enhance market understanding and readiness.

Bethlehem Gashaw3 min read

Finance & Capital Markets

The National Bank of Ethiopia Launches New Monetary Policy Framework

The National Bank of Ethiopia has introduced a new monetary policy framework to modernize economic management and curb inflation.

Bethlehem Gashaw3 min read

Finance & Capital Markets

Revolutionizing Ethiopia's Digital Economy: Telebirr Achieves Record Growth in 2016

Telebirr grew its subscriber base to 47.5 million users in 2016 EFY. This represents widespread adoption of digital financial services across Ethiopia.

Bethlehem Gashaw3 min read

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Ethiopian Capital Market Authority Ushers in New Era with Leadership Changes: Dr. Brook Taye Moves to EIH, Hana Tehelku Takes the Helm

Ethiopian Birr Climbs: Key Insights into the Recent floating of birr

Ethiopian Capital Market Authority Issues Groundbreaking Directive to License First Securities Exchange

Ethiopian Securities Exchange Launch: Seize Early Investment Opportunities!

The End of Local Banks in Ethiopia? 3 Ways Foreign Banks are Poised to Take Over

Successful Capital Market Training Session Held for Development Bank of Ethiopia

The National Bank of Ethiopia Launches New Monetary Policy Framework

Revolutionizing Ethiopia's Digital Economy: Telebirr Achieves Record Growth in 2016

B2B Directory

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