Today marks a significant milestone in the Ethiopian financial landscape as we officially launched the Ethiopian Capital Market Regulatory Sandbox!
The launch event, held at the Sheraton Addis Hotel, showcased the potential of the Sandbox to transform Ethiopia’s financial sector. This initiative provides a controlled environment for FinTechs, SMEs, startups, and other innovative enterprises to test and refine new capital market products and services.
The Ethiopian Capital Markets Authority (ECMA) is now accepting applications for the Ethiopian Capital Market Regulatory Sandbox!
Today marks a significant milestone in the Ethiopian financial landscape as we officially launched the Ethiopian Capital Market Regulatory Sandbox!
The launch event, held at the Sheraton Addis Hotel, showcased the potential of the Sandbox to transform Ethiopia’s financial sector. This initiative provides a controlled environment for FinTechs, SMEs, startups, and other innovative enterprises to test and refine new capital market products and services.
During the event, we walked through the application process and conducted a live demo of the platform. Our Director General, Ms. Hanna Tehelku, emphasized, “This initiative is a critical part of our broader strategy to build a financial ecosystem that is capable of supporting Ethiopia’s long-term capital market growth.” She also engaged with the media, taking questions and highlighting the Sandbox’s role in fostering innovation and economic development.
The application window for the Sandbox is now open and will remain so until September 30, 2024. This is a unique opportunity to contribute to the modernization of Ethiopia’s financial market.
Innovative Finance Lab Ethiopia
UNDP Ethiopia
Follow the link for applications https://lnkd.in/eCt4uAVm
