Ethiopian Securities Exchange Officially Launches Trading

Ethiopian Stock Exchange (ESX) has officially commenced trading. The launch event, held today, was attended by senior government officials, bank presidents, and development partners.

Ethiopian Stock Exchange (ESX) has officially commenced trading. The launch event, held today, was attended by senior government officials, bank presidents, and development partners.

Ethiopian Securities Exchange (ESX) has signed a Memorandum of Understanding (MoU) with the Nairobi Securities Exchange (NSE) and iCapital Africa Institute, aiming to accelerate the growth and integration of capital markets in Ethiopia and Kenya.

Ethiopian Securities Exchange (ESX) revealed that it had achieved a major milestone, exceeding its capital-raising target by a significant margin.

The Ethiopian Securities Exchange (ESX) announced plans to register five major companies within the next six months. This follows the official launch of the ESX earlier this year by Prime Minister Abiy Ahmed.
Zemen Bank has become the first private entity to secure an agreement with the Ethiopian Securities Exchange (ESX) by investing Birr 47.5 million to acquire a 5% ownership share. This fulfills the minimum requirement set by ESX for investors as of January 11, 2024.