Ethiopia’s First State-Owned Enterprise Listing on the ESX Puts National Wealth in the Hands of Everyday Citizens 08.06.2026

Ethiopia has achieved a landmark financial transition with the listing of Ethio telecom on the Ethiopian Securities Exchange (ESX), allowing ordinary citizens to become co-owners of this state-owned enterprise. The company has digitized 10.1 million shares, with 45,366 retail shareholders verified and ready for secondary trading. This historic move, valued at 3.04 billion ETB, signifies a departure from the traditional customer-provider relationship to one of active ownership, promoting financial inclusion and democratizing access to wealth generation. By adopting international standards of dematerialization and rigorous "Know Your Customer" protocols, Ethiopia aims to build a secure, transparent, and modern capital market, catalyzing the digital economy and fostering a sense of shared national economic stewardship among its citizens.




















