The government listed Wegagen Bank on the exchange on Friday but didn’t make any mention of Ethio Telecom’s 30 billion birr ($238 million) initial public offering.

The Ethiopian government intends to sell 10% of the shares of the state-owned telecommunications operator Ethio Telecom before listing the company's shares in the Ethiopian Securities Exchange. This ...

"The 130-year-old Ethio Telecom is offering ten percent of its shares to the public, laying the groundwork for Ethiopia's stock market," Prime Minister Abiy Ahmed wrote on X. The announcement came ...

State-owned telecom Ethio Telecom, which is preparing for an initial public offering, is also widely expected to list shares on the exchange. "In a historic milestone for our economic and ...

Ethiopia’s mobile VAS market grows rapidly on localized content, surging smartphone sales, and fintech expansions, tempered ...

ADDIS ABABA: Ethiopia's state-owned telecoms operator Ethio Telecom fell 13.6% short of its first-half revenue target, with parts of its network hobbled by military conflict in the north of the ...

The first company to be listed on the exchange is Ethio Telecom, the state-owned telecoms firm. Dozens more, including banks and insurance companies, are expected to follow soon. Since taking ...