Invest in Ethiopia from anywhere in the world.
Ethiopian stocks, T-bills, IPOs and fixed deposits — all accessible to diaspora investors with Ethiopian nationality. Here is exactly how to get started.
Investment options
What diaspora investors can access.
ESX Listed Equities
3 listedBuy shares in 3 companies currently trading on the Ethiopian Securities Exchange. Diaspora with Ethiopian nationality can open a CSD account and trade through a licensed broker.
Risk level
Medium-HighMin. investment
ETB 5,000
Expected returns
Market-driven
Liquidity
Daily trading
IPO Subscriptions
8+ in pipelineSubscribe to shares in upcoming IPOs before they list on the ESX. Apply through a licensed ECMA broker during the subscription window. 8+ prospectuses currently in the pipeline.
Risk level
Medium-HighMin. investment
Varies by IPO
Expected returns
Listing price gain
Liquidity
Post-listing only
NBE Treasury Bills
Lowest riskInvest in Ethiopian government T-bills with tenors from 28 days to 364 days. Sovereign risk only — the lowest risk investment in Ethiopia. Purchase through a licensed broker or CBE branch.
Risk level
LowMin. investment
ETB 1,000
Expected returns
Competitive yield
Liquidity
Held to maturity
Fixed Deposit Accounts
Best rate 14.00% p.a.Open a fixed deposit account at an Ethiopian commercial bank. Requires a diaspora bank account — 12 Ethiopian banks now accept remote account opening for diaspora. Covered by NBE depositor protection.
Risk level
Very LowMin. investment
ETB 5,000
Expected returns
14.00% p.a.
Liquidity
Fixed term
Step by step
How to start investing in Ethiopia from abroad.
01
Confirm your eligibility
Ethiopian nationals living abroad can invest in ESX-listed shares, T-bills and bank fixed deposits. Foreign nationals of non-Ethiopian origin face restrictions on certain instruments. Confirm your status with an ECMA-licensed broker.
02
Open a CSD account for equities
To hold ESX shares, you need a Central Securities Depository (CSD) account. This can be opened remotely through some licensed brokers using your Ethiopian passport and foreign bank account details.
03
Choose a licensed broker
Only ECMA-licensed brokers can execute ESX trades and T-bill applications on your behalf. As of April 2026, CBE Capital and Wegagen Capital are the primary licensed brokers. Check ecma.gov.et for the current full list.
04
Fund your investment account
Transfer funds via international wire to your broker designated correspondent bank account in Ethiopia. Ensure you use the correct transfer reference and currency. Diaspora transfers are governed by NBE foreign currency regulations.
05
Place your investment
Once funded, instruct your broker to purchase shares, subscribe to a T-bill auction or apply for an IPO allocation. Get confirmation in writing for every transaction.
06
Monitor and repatriate returns
Dividends and T-bill returns are credited to your broker account or designated Ethiopian bank account. Repatriation of investment returns by diaspora investors is permitted under NBE regulations with proper documentation.
Investor FAQ
Common questions from diaspora investors.
Can I invest in Ethiopia without visiting in person?
For most instruments yes — account opening, funding and trading can be done remotely. Some brokers require an in-person visit for CSD account opening. Check with your chosen broker before starting the process.
What taxes apply to diaspora investors?
Dividend income is subject to 10% withholding tax in Ethiopia. Capital gains tax rules for ESX shares are still being finalised. T-bill interest may be subject to withholding tax. Consult a licensed Ethiopian tax adviser for your specific situation.
Can I repatriate my investment returns?
Yes. NBE regulations permit diaspora investors to repatriate dividends and capital gains with proper documentation. Your broker will guide you through the NBE repatriation process. Keep all transaction records for tax purposes in your country of residence.
What is the minimum investment on the ESX?
There is no official minimum on the ESX but brokers typically require ETB 5,000 to 10,000 as a practical minimum for equity investments. T-bills start at ETB 1,000 and fixed deposits at ETB 5,000 at most banks.
Important
Information only — not investment advice.
BirrBank is not licensed to give investment advice, execute trades or manage portfolios. Always use an ECMA-licensed broker and consult a qualified financial adviser before investing.
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