In a significant move towards building a vibrant and regulated capital market, Ethiopia’s nascent financial sector witnessed a historic milestone as the Ethiopian Capital Market Authority (ECMA) officially authorized a set of capital market service providers. The announcement marks a crucial step in operationalizing the Ethiopia Securities Exchange (ESX), expected to become a key platform for equity and debt trading in the country.
Eight Entities Granted Licenses: A Snapshot of Ethiopia’s New Capital Market Players
The ECMA, under its mandate to regulate and supervise Ethiopia’s capital markets, issued licenses to eight firms offering a range of services including securities investment advisory, transaction advisory, brokerage, underwriting, and investment banking. These institutions are now authorized to serve as intermediaries in Ethiopia’s upcoming securities market.
13 thoughts on “Introducing the Eight: Ethiopia’s First Licensed Capital Market Players”
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