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Prize Worth Investment Bank Joins Ethiopian Securities Exchange as Ninth Trading Member

Business

OCT 22, 2026·2 MIN READ

Prize Worth Investment Bank Joins Ethiopian Securities Exchange as Ninth Trading Member

Prize Worth Investment Bank S.C. has officially become the ninth Trading Member of the Ethiopian Securities Exchange after securing its license from the Ethiopian Capital Market Authority. The move expands brokerage access for investors and supports the growth of Ethiopia's capital market.

Ethiopia

OCT 22, 2026·3 MIN READ

Hibret Bank pre-tax profit jumps more than sevenfold to 5.46 billion birr

Hibret Bank reported a pre-tax profit of 5.46 billion birr for the 2025/26 fiscal year, up 628.55 percent from the previous year. The bank said revenue diversification, cost management, and a foreign exchange gain drove the turnaround.

Ethiopia

OCT 19, 2026·2 MIN READ

Carrefour to Launch in Addis Ababa Within Two Weeks as Queens Supermarket Rebranding Accelerates

French retail giant Carrefour is set to begin operations in select Addis Ababa locations within two weeks, following a franchise agreement with MIDROC Investment Group. The launch involves rebranding 15 Queens Supermarket branches and constructing three new Carrefour stores in the capital.

Business

OCT 17, 2026·3 MIN READ

Cooperative Bank of Oromia net profit rises to 6.14 billion birr on lending and forex gains

Cooperative Bank of Oromia's audited 2025/26 results show profit before tax of 8.11 billion birr and net profit of 6.14 billion birr, driven by higher lending income and a foreign-exchange turnaround. The bank's total assets reached 224.09 billion birr.

Business

OCT 17, 2026·3 MIN READ

Cooperative bank of Oromia's pretax profit jumps to 11.5 billion birr as assets reach 224 billion

Cooperative Bank of Oromia's net profit rose nearly fourfold to 6.14 billion birr in the 2025/26 fiscal year, driven by stronger lending income, higher fees, and a sharp turnaround in foreign exchange earnings.

EthiopiaOCT 15, 2026

Several Investment Banks Appointed Lead Distributors for Dangote Refinery Shares in Ethiopia

EthiopiaOCT 15, 2026

CBE Capital to distribute Dangote Petroleum Refinery shares to qualified Ethiopian investors

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Business2 MIN READ

Prize Worth Investment Bank Joins Ethiopian Securities Exchange as Ninth Trading Member

Bethlehem GashawOCT 22, 2026

Ethiopia3 MIN READ

Hibret Bank pre-tax profit jumps more than sevenfold to 5.46 billion birr

Bethlehem GashawOCT 22, 2026

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Ethiopia2 MIN READ

Carrefour to Launch in Addis Ababa Within Two Weeks as Queens Supermarket Rebranding Accelerates

Bethlehem GashawOCT 19, 2026

Business3 MIN READ

Cooperative Bank of Oromia net profit rises to 6.14 billion birr on lending and forex gains

Bethlehem GashawOCT 17, 2026

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