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Major Banks Edge Closer to ESX Main Market Debut


Major Banks Edge Closer to ESX Main Market Debut

The Ethiopian Securities Exchange (ESX) has identified six banks progressing toward listing on its Securities Market targeting nine more companies before the end of the fiscal years. Anbesa Bank, Awash Bank, Abay Bank, and Amhara Bank have advanced in finalising their securities registration with ECMA and preparing their prospectuses, earning ESX’s approval in principle for listing. Meanwhile, Bank of Abyssinia and Dashen Bank have also received ESX’s approval in principle and are next to complete their registration and prospectus publication. The announcement, shared on ESX’s official page, highlights major Security issuers moving toward Main Market debut. Currently, the Main Market features a limited number of listings, including Wegagen Bank, Gadaa Bank, Habesha Breweries, and Ethio telecom through IPO offerings.

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Addis Ababa Enterprises Tap 3.8b Br in Loans

More than 16,000 enterprises benefited from market linkages worth over 20 billion Br generated by Addis Abeba's Enterprise & Technology Development sector during the 2026-2027 fiscal year. Financing support reached nearly 8,000 enterprises, which accessed more than 3.8 billion Br in loans. Enterprises also generated six billion Birr in savings. More than 14,000 enterprises received industrial extension and technology support. The sector replicated and transferred 241 of the 295 problem...


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Zambia Airways Taps Aman Wole for Growth Drive

Zambia Airways has appointed Aman Wole Gurmu as Chief Executive Officer (CEO), bringing in an Ethiopian Airlines executive with more than 19 years of experience in airline leadership, commercial strategy, sales, market development and strategic partnerships. Aman held several senior positions at Ethiopian Airlines, including Regional Director for Mainland China and Mongolia, Regional Director for France and the Maghreb, Area Manager for Zambia and Director of Sales in Addis Abeba. The Zamb...


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Grade 11 Takes On 11 Vocational Programs

Grade 11 students will begin work- and practice-based vocational training in the 2026/27 academic year under a new initiative covering 11 fields. The programmes span building electrical installation, plumbing, metal technology, automotive technology, garment technology, hotel services, hair and beauty services, food preparation, software development, crop production and healthcare services. They are designed to provide practical skills and knowledge relevant to employment and career opportuni...