Recognizing the role of a vibrant securities market in Ethiopia’s Homegrown Economic Reform Agenda, the Council of Ministers has introduced a landmark tax incentive for would be listed companies. For the first time, companies listing on the Ethiopian Securities Exchange (ESX), excluding the financial sector issuers, are eligible for tax incentives under Article 16 of The Council of Ministers Regulation No. 586/2026 – Investment Tax and Customs Incentives Regulation.
This reform sends a clear signal by The Government of Ethiopia of its commitment to support the development of a vibrant securities market in Ethiopia and serves as a strong call to ambitious companies ready to scale, formalize, and access long-term capital through listing in the public markets.
ESX expresses its sincere appreciation to the Government of Ethiopia, in particular the FDRE Ministry of Finance Ethiopia for their leadership and support in advancing this reform.