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ESX

StockMarket.et — Ethiopian capital markets news, analysis and market data

ESX today1 up · 1 down · 4 flatBank of Abyssinia leads at -3.37%

ABAY Bank logoABAYB

1,365.32

0.00%

Awash Bank logoAWAB

2,536.85

0.00%

Bank of Abyssinia logoBOAX

2,000.00

-3.37%

Gadaa Bank logoGDAB

1,295.00

0.00%

Ethio Telecom logoTELE

535.00

+0.30%

Wegagen Bank logoWGBX

1,411.12

0.00%

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Monday Breakfast Stories

The week in Ethiopian markets, over buna.

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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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The Net Comes Down

For nearly three years, Ethiopian banks lived with a ceiling over their heads and a net beneath the economy. Last week, both came down. The National Bank of Ethiopia scrapped the credit growth cap entirely, raised its policy rate for the first time, and handed the job of managing money to markets. A

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Deep Dive

Longer reads on the forces behind the numbers.

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