ECMA / ኢካገባ

Parliamentary Standing Committee Reviews ECMA’s Progress.

The House of Peoples’ Representatives Standing Committee on Trade and Tourism conducted a supervisory field visit to the Ethiopian Capital Market Authority (ECMA) to assess progress on its nine-month plan and overall institutional readiness.

The visit provided an opportunity for constructive dialogue on ECMA’s  progress in strengthening regulatory and legal frameworks, human resource capacity, and digital systems.

During the visit, ECMA Director General Hana Tehelku highlighted key achievements over the past nine months. These include the increased licensing of capital market service providers, the finalization of key directives, and the expansion of supervisory activities across the capital market ecosystem.

The discussion also underscored that Ethiopia’s capital market is progressing in a steady and positive direction, supported by continued regulatory enhancements and ongoing institutional strengthening efforts.

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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