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Awash Investment Bank Poised for Launch with 200M Birr Capital

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Awash Investment Bank Poised to Transform Ethiopia’s Capital Markets with 200 Million Birr Launch

Addis Ababa, Ethiopia – July 25, 2025, marks a significant milestone in Ethiopia’s financial sector as Awash Investment Bank, a newly established subsidiary of the prominent Awash Bank, prepares to commence operations. Having secured its business license and an initial capital injection of 200 million Birr, the institution is strategically positioned to introduce specialized investment banking services into the nation’s burgeoning financial landscape. This launch signals a pivotal step towards deepening Ethiopia’s capital markets and fostering economic growth, especially within key strategic sectors.

Pioneering Investment Services and Ambitious Growth Targets

Awash Investment Bank is set to become a vital facilitator for businesses seeking growth and expansion within Ethiopia. Its core mandate revolves around providing long-term financing solutions, equity investment opportunities, and expert advisory services designed to scale enterprises. The bank will primarily focus its support on critical sectors such as infrastructure, manufacturing, and technology, recognizing their immense potential for driving national development and innovation in the African context. Spearheading this new venture is Dr. Andualem Hailu, appointed as the inaugural Chief Executive Officer. Dr. Hailu brings a wealth of experience from the financial sector, a crucial asset for navigating Ethiopia’s dynamic and emerging capital markets. Demonstrating a clear vision for expansion, Awash Investment Bank has also articulated ambitious plans to double its initial capital from 200 million Birr to 400 million Birr in the near future, underscoring its commitment to becoming a major player and a robust financial partner for businesses across the country.

This strategic move by Awash Bank to establish an investment banking arm underscores a proactive approach to meet the sophisticated financial needs of a rapidly evolving economy. With its dedicated focus on specialized services and an experienced leadership team, Awash Investment Bank is poised to significantly contribute to the development of robust capital markets in Ethiopia, driving investment and fostering sustainable business growth.

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