Wegagen Capital Investment Bank has made history as the first investment bank in Ethiopia to receive a Trading Membership Certificate from the Ethiopian Securities Exchange (ESX). The recognition reinforces its earlier licensing by the Ethiopian Capital Market Authority (ECMA), confirming Wegagen’s role as a pioneer in the country’s nascent capital market.

The certification ceremony brought together prominent leaders from Ethiopia’s financial sector, including Hana Tehelku, Director General of ECMA; Dr. Tilahun Esmael Kassahun, CEO of ESX; Sunil Benimadhu, CEO of the Mauritius Stock Exchange; and Brutawit Dawit Abdi, CEO of Wegagen Capital. Their presence underscored the significance of this moment for Ethiopia’s financial future.

In a statement shared on social media, Wegagen Capital described the Trading Membership Certificate as a symbol of trust, integrity, and operational excellence. The bank emphasized that the recognition reflects its commitment to upholding the standards of both ECMA and ESX, and to playing a leading role in fostering a transparent, liquid, and inclusive capital market in Ethiopia.