Tuesday, October 27, 2026

ESX Equity Market surpasses 1Billion Birr; A New Company is Set to Join the Market Next Week

The Ethiopian Securities Exchange (ESX) has achieved a new historic milestone by pushing its weekly equity trading volume past 1 billion birr for the first time, a feat stated to reflect the growing participation and confidence of investors in the country’s capital market.

ESX Chief Executive Officer Tilahun Esmael Kassahun noted that for Ethiopia’s young market, recording this volume of transactions within a single week represents significant progress.
According to the market performance between June 15 and 19, 2026, a total of 350,111 shares were exchanged across 279 transactions among the 4 companies listed on the exchange, bringing the total trading value to 1.025 billion birr.

Additionally, the cumulative total transaction volume in the Interbank Money Market reached 3.32 trillion birr. During the week, overnight transactions accounted for 66.3 billion birr at an interest rate of 12.416%, while 7-day transactions were recorded at 49.8 billion birr with an interest rate of 15.634%.

Tilahun disclosed that another company will be officially listed on the exchange next week, presenting a new investment option for public investors.
Highlighting the vast potential of the country’s private sector, the CEO expressed full confidence in increasing the number of companies listed on the exchange to between 50 and 60 within the next 1 to 2 years.

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