Ethiopia’s Nascent Stock Exchange Adds Bank as Fourth Listing

A sign above the office of Awash International Bank SC in Addis Ababa.

Photograph: Michele Spatari/Bloomberg

Ethiopia’s biggest privately held bank became the latest company to list on the the nation’s nascent stock market, bringing the number of listings to four.

Awash Bank SC listed 37.9 million shares of its 54 million registered shares, according to a statement.