ECMA / ኢካገባ

ECMA Visits Capital Market Service Providers

The Ethiopian Capital Market Authority (ECMA) management team, led by Director General Hana Tehelku, undertook office visits to newly licensed capital market service providers, reaffirming the Authority’s commitment to fostering a strong and inclusive capital market ecosystem in Ethiopia.

During the visits, ECMA engaged with newly licensed service providers including Siinqee Investment Bank S.C., Awash Capital S.C., Gadaa Securities Dealer S.C., Proinvest Capital P.L.C., Zuri Capital P.L.C., First Addis Investment Bank P.L.C., Ignite Capital P.L.C. and BDO Consulting P.L.C. to discuss their operational progress and provide guidance and encouragement for their continued development.

The Authority emphasized its commitment to maintaining supportive and constructive relationships with all licensed firms, ensuring they are well positioned to contribute to the growth of a transparent, resilient, and inclusive capital market.

These office visits underscore ECMA’s ongoing efforts to support service providers and foster a collaborative environment that strengthens Ethiopia’s capital market.

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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).

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