Addis Ababa, Ethiopia – May 26, 2026 – The Ethiopian Securities Exchange (ESX) is pleased to announce the official listing of Ethio Telecom S.C. to the Exchange’s Main Market. The listing marks a historic milestone in Ethiopia’s capital market development and represents a significant achievement under the Government of Ethiopia’s ongoing economic reform agenda aimed at SoE reform, broadening public ownership of strategic national enterprises, strengthening financial markets.
The listing follows Ethio Telecom’s public offering, which attracted strong participation from more than 47,000 investors.
“The listing of Ethio Telecom to the ESX Main Market is not only a major win for ESX but also a testament of the commitment of Government of Ethiopia to deepen the capital markets by taking first and exemplary steps of bringing state-owned assets to the market” said Tilahun Esmael Kassahun, CEO of Ethiopian securities Exchange. He added that; “As the first State-Owned Enterprise to be listed on ESX, Ethio Telecom sets an important precedent for transparency, public participation, and long-term value creation for both public and private enterprises.”
ESX continues to work closely with regulators, issuers, market intermediaries, and investors to deepen Ethiopia’s capital market ecosystem and build a transparent, efficient, and well-regulated trading environment that enables businesses to raise capital and investors to participate in the country’s economic transformation.
The Exchange extends its appreciation to the Board of Directors, Management and Staff of Ethio Telecom, to the Ethiopian Capital Market Authority, to the National Bank of Ethiopia Central Securities Depository (CSD), the Transaction Advisor; D and T Ethiopia (“Deloitte”) and all other stakeholders whose collaboration and commitment contributed to achieving this important milestone.
Listing Summary
- Issuer: Ethio Telecom S.C.
- Ticker Symbol: TELE
- Market Segment: ESX Main Market
- Listed Shares: 10,690,149
About the Ethiopian Securities Exchange (ESX)
The Ethiopian Securities Exchange (ESX) is Ethiopia’s first and only organized securities exchange, established to facilitate the trading of financial instruments, including equities and bonds. ESX is committed to fostering a transparent, efficient, and well-regulated securities market that mobilizes capital for businesses while creating investment opportunities for individuals and institutions, contributing to Ethiopia’s long-term economic growth and financial sector development.
