ESX Launches ‘Neway’ Mobile Trading App to Expand Nationwide Capital Market Access

Addis Ababa, March 6, 2026 (FMC) – The Ethiopian Securities Exchange (ESX) has launched a new mobile trading application dubbed “Neway,” aimed at expanding access to capital markets across the country.

The platform, ESX’s first web and mobile trading application, is also intended to foster a more conducive investment ecosystem and broaden participation in Ethiopia’s capital market by enabling nationwide mobile-based trading.

The application was developed through a collaboration between ESX and Infotech Private Limited.

Speaking at the launch event, Chief Executive Officer of Ethiopian Investment Holdings (EIH) and Board Chairperson of ESX, Brook Taye, described the introduction of the Neway platform as a significant milestone in the transformation of the sector, while commending the government’s unwavering commitment.

He also noted that Ethiopia’s digital financial transactions have experienced rapid growth in recent years, highlighting that Ethio Telecom’s Telebirr has surpassed 50 million subscribers.

Director-General of the Ethiopian Capital Market Authority, Hana Tehelku, said the new trading application is designed to be more inclusive and participatory for all users.

She further indicated that Neway will play an important role in helping Ethiopia leapfrog into the global market, describing the launch as a new milestone in the country’s capital market journey.

Similarly, Chief Executive Officer of ESX, Tilahun E. Kassahun, emphasized that the launch of the application marks a crucial chapter in Ethiopia’s ambition to establish a globally standardized securities exchange.

He added that the mobile platform is designed to serve both first-time investors and experienced market participants.

According to the CEO, the Neway trading application also aims to strengthen Ethiopia’s financial ecosystem by expanding engagement in the capital market.