Ethiopian Securities Exchange

Ethiopian Securities Exchange

General Information

Name: Ethiopian Securities Exchange (ESX)

Established: 2025

Headquarters: Addis Ababa, Ethiopia

Website: esx.et

CEO: Tilahun Esmael Kassahun

Ownership: Public-private partnership; 25% owned by Ethiopian Investment Holdings

Regulator: Ethiopian Capital Market Authority (ECMA)

Trading Platforms: Equities, Government Securities, Over-the-Counter (OTC) Market

First Listing: Wegagen Bank

Future Listings: Gadaa Bank, Ethio Telecom (pending IPO)

Target Listings: 90 companies over the next decade

Strategic Investors: Nigerian Exchange Group (NGX), FSD Africa, Trade and Development Bank (TDB)

Capital Raised: Approximately 1.3 billion Ethiopian Birr from private sector investors

History

1960s–1974: Ethiopia had an operational share trading system under the State Bank of Ethiopia. 1974: The exchange was abolished following the nationalization of major companies. 2019–2023: The government initiated plans to re-establish a securities exchange. April 2024: NGX Group acquired a stake in the ESX. January 10, 2025: Official launch of the ESX by Prime Minister Abiy Ahmed. July 11, 2025: Commencement of trading activities, including listings of government securities and equities.

Project Delivered

Launching Ethiopia’s Future The Ethiopian Securities Exchange Crowd Investment Platform

Services Provided

Software & Application EngineeringUI/UX DesignWeb Application DevelopmentWeb Portal Development
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