ECMA

Historic Launch: Ethiopia’s Capital Market Officially Opens Trading on the Ethiopian Securities Exchange (ESX)

Addis Ababa, Ethiopia – July 2025

Today marks a historic milestone in Ethiopia’s financial history as the country officially launched trading on the Ethiopian Securities Exchange (ESX). For the first time ever, both government securities and equities are now being traded on a regulated capital market platform.

This groundbreaking event is a cornerstone of the Homegrown Economic Reform Agenda, unlocking new opportunities for investment, transparency, and inclusive economic growth.

As the national regulator, the Ethiopian Capital Market Authority (ECMA) proudly celebrates this achievement, having played a leading role in laying the legal, institutional, and regulatory foundations necessary to ensure a resilient, trustworthy, and investor-friendly capital market ecosystem.

Beyond regulation, ECMA has actively worked to raise public awareness, build institutional capacity, and foster collaboration across government and private sector actors—ensuring that the market’s launch is not only a technical success but also a nationwide movement toward financial empowerment.

With the market now open:

  • Ethiopian businesses gain new, formal channels for raising capital,

  • Investors—local and international—access a transparent and regulated platform,

  • Citizens are offered the opportunity to participate in and benefit from the nation’s economic progress.

This launch represents more than a financial reform—it is a strategic leap toward a more inclusive, modern, and robust economy. ECMA remains committed to deepening market participation, protecting investors, and making Ethiopia’s capital market a pillar of shared prosperity and sustainable development.

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Public Announcement

This public notice is directed at publicly held companies established or raising capital through public subscription under the Commercial Code of Ethiopia. Specifically, it concerns companies with more than fifty (50) shareholders, regardless of the sector or industry in which they operate.
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