Inclusive Finance

for Shared Prosperity Wealth Creation Equitable Opportunity

Growing Ethiopia's capital markets through safe and fair investment opportunities for all.

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Ethiopian Capital Market Authority

The Ethiopian Capital Market Authority (ECMA) is one of the key institutions established by Article 3(1) of the Proclamation as an autonomous Federal Government Regulatory Authority with its own juridical personality, accountable to the Prime Minister of the Federal Democratic Republic of Ethiopia.

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Are you ready to take your company public?The Ethiopian Capital Market Authority (ECMA), with support from the World Bank and FSD Ethiopia, invites forward-thinking companies to apply for Cohort 1 of the IPO Clinic — a structured, one-year program designed to assess IPO readiness and provide tailored technical support. Whether you’re a private company, share company, or SOE, this is your opportunity to gain hands-on guidance, access financial and legal experts, and position your business for long-term growth through the capital market.

Download the full Call for Application to learn how to apply, what’s required, and how your company can become IPO-ready.

Call For Application IPO Clinic Cohort 1

Capital markets development is a key component of the Government of Ethiopia’s
(GoE) Home-Grown Economic Reform Program and the 10-Year Development Plan
(2021- 2031). In line with this commitment, the Capital Markets Proclamation (No.
1248/2021) was adopted by the House of Peoples’ Representatives in June 2021, which
included the establishment of the Ethiopian Capital Market Authority (ECMA).

Call For Application IPO Clinic Cohort 1

Capital Market Summit 2024

Be part of a groundbreaking event where industry leaders and experts will gather to explore the future of capital markets. Don’t miss your chance to connect, learn, and engage with key players in the industry. Reserve your spot now!