Ethiopia’s Stock Exchange Launches Digital Trading Platform to Broaden Investor Access


  • The Ethiopian Securities Exchange has launched “Neway,” a web and mobile trading platform for investors.
  • The tool allows users to open accounts, trade securities, and monitor portfolios online.
  • The initiative reflects broader financial reforms aimed at building a modern capital market in Ethiopia.

The Ethiopian Securities Exchange (ESX) announced on March 5 the launch of Neway, a digital trading platform accessible through both a web interface and a mobile application.

The platform is designed to make it easier for Ethiopian investors to access the country’s stock market while modernizing the infrastructure of the recently established exchange.

Developed in partnership with technology company Infotech Private Limited, the platform allows investors to carry out basic trading operations entirely online. Users can open trading accounts remotely, track market activity, buy or sell securities, and monitor their portfolios in real time.

The application is available on both iOS and Android. According to data from the Google Play Store, it has already been downloaded more than 500 times.

Tilahun Esmael Kassahun, chief executive officer of the Ethiopian Securities Exchange, said the platform allows investors to access the market anytime and from anywhere. By making the market more accessible, he said, the exchange hopes to enable more Ethiopians to participate directly in the country’s economic growth while expanding inclusion in the capital market.

Neway is integrated with the exchange’s internal systems, including the Broker Back Office (BBO) platform and the order management system used by ESX member brokers. The integration is intended to streamline brokerage operations, including client registration, order management, and reporting.

The launch comes as Ethiopia continues to reform its financial sector. The Ethiopian Securities Exchange was created under the capital markets proclamation adopted in 2021, part of a broader effort to build a more transparent and efficient capital market capable of financing local businesses.

Over time, initiatives such as Neway are expected to help position Ethiopia as one of Africa’s more dynamic emerging financial markets.

Source: Agence Ecofin

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