
The Ethiopian Capital Market Authority (ECMA) is excited to welcome three new capital market service providers, bringing the total number of licensed CMSPs from eight to eleven:
✅ First Addis Investment Bank PLC – Investment Bank (the first non-banking group)
✅ Ignite Capital PLC – Securities Investment Advisor
✅ Zuri Capital S.C – Securities Investment Advisor
Within these entities, ECMA has also licensed ten Appointed Representatives.

ECMA Director General Hana Tehelku congratulated the new licensees and highlighted their vital role in creating an inclusive, transparent, and resilient financial market for all.
These new additions reflect the growing confidence in Ethiopia’s capital market and open exciting opportunities for investors.