Awash Insurance S.C. has listed 6,750,604 ordinary shares on the Main Market of the Ethiopian Securities Exchange (ESX), becoming the first insurance company to join the country’s securities exchange.
The listing took place on November 10, 2026, and was marked by a traditional bell-ringing ceremony at the ESX trading floor, attended by regulators, exchange executives and representatives of the financial services industry.
The shares will trade under the ticker symbol AWIN, following registration with the Ethiopian Capital Market Authority (ECMA) and the dematerialization of the company’s securities through the National Bank of Ethiopia’s Central Securities Depository.
The listing gives existing and prospective investors an opportunity to trade the company’s shares through the exchange. It also subjects Awash Insurance to the exchange’s disclosure and corporate governance requirements, which are intended to strengthen transparency and shareholder accountability.
Yodit Kassa , CEO of the ESX, described the listing as an important development for the country’s capital market.
“Welcoming the first insurance company to our main market shows that our market is growing wider and deeper,” Yodit said. “Insurers manage risk and mobilize long-term savings, and their presence on the Exchange gives investors a new way to share in the growth of the sector. It also demonstrates our commitment to building a diverse, vibrant, and stable capital market for all Ethiopians.”
Jibat Alemneh , CEO of Awash Insurance, said the listing represents more than a corporate milestone, describing it as the beginning of a new phase focused on long-term value creation and stronger corporate governance.
He said the company expects to use the visibility and trading opportunities offered by the capital market to strengthen investor confidence and support its future growth.
Established in 1994, Awash Insurance has more than three decades of experience in Ethiopia’s insurance industry. The company provides a range of insurance services, including non-life, life, health, microinsurance and Takaful products.
