Ethiopian Capital Market Authority
The Capital Market Authority (CMA) 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.
Applications for Capital Market Service Providers, please follow this link.
Ethiopian Stock Market: Challenges and Opportunities
Ethiopia’s new ESX, or the stock market, is set to become a reality in 2024-25. In the last five years, there have been continuous efforts by the Ethiopian finance ministry in association with African market specialists to pave the way for its stock market.
Prioritizing Physical Infrastructure
For starters, Ethiopia needs to upgrade its internet and cell phone capabilities. It is a digital and tech-driven age, and Ethiopia needs to set foot in and ensure fast and accurate trading.
Launching Ethiopian Stock Market: Expected Benefits
Before Ethiopia launches its stock market, it must run informative campaigns to raise public awareness about the stock market. For instance, the stock market can help Ethiopia drive consistent economic growth.
Press Release
The Ethiopian Capital Market Authority (ECMA) is pleased to announce the issuance of a groundbreaking directive that will enable the licensing of the first securitics exchange in Ethiopia.
በኢትዮጵያ የመጀመሪያውን የስነደ ሙዓለ ንዋዮች ገበያ ፈቃድ መስጠት የሚያስችል መመሪያ በካፒታል ገበያ ባለሥልጣን ወደ ትግበራ እንዲገባ ተደረገ።
The ‘Capital Market Service Providers Licensing and Supervision Directive No. 980/2024’ will be in effect as of today January 18, 2024.
የካፒታል ገበያ አገልግሎት ሰጪዎች ፈቃድ አሰጣጥና ቁጥጥር መመሪያ ቁጥር 980/2016’’ ከዛሬ ጥር 9 ቀን 2016 ዓ.ም ጀምሮ በይፋ ስራ ላይ ውሏል።
Proclamation
Draft – Directives
Directives
About us
The 6 major priority areas of the project team are:
1. Capital Market Authority Formation
2. Regulatory Framework Development
3. Capacity Development and Investor Education
4. Long-Term Capital Market Development Roadmap
5. Enabling Environment: Review of Institutional Investor Regulation, Macro-Financial, and Tax Policies.
6. Setting up the Exchange: Supporting the Ethiopian Securities Exchange (ESX ) Project Team.
Media
Get in touch with us today!
Address :
Minaye Corporate Building 15th Floor,
Flamingo Area, Kirkos
Addis Ababa, Ethiopia
Phone:
+251-11557-8250 / +251-11557-8310
Email: communications@ecma.gov.et