Banking & Finance
NBE Forex Auction Demand Surges to $470 Million as Cut-Off Rate Rises to 161.0050 Birr/USD
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ESX today1 up · 4 down · 1 flatBank of Abyssinia leads at -10.09%
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Latest News
Capital MarketECMA Registers 234,388 Meba Microfinance Shares, Approves ETB 110 Million Rights Offer
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Capital MarketECMA Registers 11.67 Million Existing Shares of Hibret Bank
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Banking & FinanceGlobal Bank Ethiopia Appoints Sahlemichael Mekonnen as Acting CEO
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Capital MarketESX Founding CEO Dr. Tilahun Esmael Steps Down as Yodit Kassa Takes Over
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Capital MarketEnat Bank Partners with I Capital Africa Institute and FSD Ethiopia to Advance Ethiopia’s First Private-Sector Gender Bond
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LeadershipFrom Ethiopian Airlines to Air India: Tewolde Gebremariam Takes the Helm
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Monday Breakfast Stories
The week in Ethiopian markets, over buna.
The Handover
The Ethiopian Securities Exchange changed chief executives on Friday. Tilahun Esmael Kassahun (PhD), who carried the exchange from a project office in 2022 to a working securities market in January 2025, is out. Yodit Kassa, who joined in late 2023 and worked her way from Chief Business Development Officer to Chief Operating Officer,
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The Giant is Gianting
A former World Bank president spent this week arguing, in a World Bank working paper, that Ethiopia’s currency float made the poor poorer and handed the winnings to banks and well-connected firms. It is a contested claim, and a minority one inside the institutions that backed the reform. But the rest of the
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Who Gets In
If there is one question stitching this week together, it is a simple one: who gets let in, and on what terms. The central bank drew a calendar around the dollar and slammed a door on virtual assets. Three fintechs opened a credit line to borrowers no bank would touch, a coffee platform
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Capital Market
ECMA Registers 234,388 Meba Microfinance Shares, Approves ETB 110 Million Rights Offer
StockMarket.et
Capital Market
ECMA Registers 11.67 Million Existing Shares of Hibret Bank
StockMarket.et
Banking & Finance
Global Bank Ethiopia Appoints Sahlemichael Mekonnen as Acting CEO
StockMarket.et
Capital Market
ESX Founding CEO Dr. Tilahun Esmael Steps Down as Yodit Kassa Takes Over
StockMarket.et
Deep Dive
Longer reads on the forces behind the numbers.
- Deep Dive10 min readThe Free Labor Economy In EthiopiaInside Ethiopia’s internship machine, where a generation works for nothing, learns even less, and the bill lands on everyone. The minibus from Ayat to Bole costs more than 30 birr each way. Hiwot, a composite of the many graduates who tell some version of this story, pays it twice a day, five days a week,Read
- Deep Dive7 min readThe Role of Capital Markets in Ethiopia’s Economic TransformationFor the past five decades, banks have been a one-stop shop for Ethiopian businesses to get financing. Before this, Ethiopia had a short-lived stock market in the 1960s and early 1970s called the Share Dealing Group, which operated under the imperial regime. Following the Derg regime, the financial system that followed consolidated almost entirely aroundRead
- Deep Dive12 min readWalking the Quantitative Tightrope as Ethiopia’s New Monetary Framework Enters a New EraEthiopia has dismantled the last of its emergency controls and handed the economy to a market-based framework held together by interlocking parts. Every piece now depends on every other piece and the National Bank of Ethiopia must keep all of them balanced at once, in high wind. In August 1974, Philippe Petit stepped onto aRead
More Stories
Capital MarketEnat Bank Partners with I Capital Africa Institute and FSD Ethiopia to Advance Ethiopia’s First Private-Sector Gender Bond
StockMarket.et
LeadershipFrom Ethiopian Airlines to Air India: Tewolde Gebremariam Takes the Helm
StockMarket.et
Deep DiveAre Ethiopians Unwilling to Work Or Is Work Unwilling to Pay?
Meti Kumera
BusinessNational ID Program Becomes State-Owned Enterprise ‘Faydaverse,’ Joins EIH Portfolio
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BusinessEthiopia’s Tulu Kapi Gold Project Progresses Toward Production as KEFI Advances Construction Plans
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Banking & FinanceAbay Bank Launches International Prepaid Visa Card for Global Payments
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