
Wegagen Capital Investment Bank has executed the first inter-broker trades of Government Treasury Bills and listed securities on the Ethiopian Securities Exchange (ESX). The trades took place as part of the official listing ceremony for Government T-bills and the start of trading operations, held on July 11, 2025, at the Sheraton Addis Hotel.
As one of the licensed brokers and market-makers on the ESX, Wegagen Capital played a role in facilitating these initial transactions. In preparation for the launch, the Bank worked with the ESX and Central Securities Depository (CSD) to conduct live pilot trades beginning June 18, 2025, which tested the process from order placement to settlement.
Wegagen Capital noted its intention to support the growth of Ethiopia’s capital market through its brokerage and market-making services. As a private investment bank, it aims to contribute to building a transparent and accessible capital market environment in the country.
Source: A press release sent to 2Merkato from Wegagen Capital