The Ethiopian Capital Market Authority (ECMA) has held discussions with senior officials of the Oromia Sovereign Fund on the fund’s potential participation in Ethiopia’s emerging capital market.

During the discussion, ECMA Director General Hana Tehelku emphasized that the fund’s broad investment capacity across multiple strategic sectors could play an important role in strengthening the national capital market, while also supporting its own institutional growth.

The discussions focused in particular on how enterprises under the fund could transition into public companies to raise long-term financing for expansion projects through the issuance of shares and corporate bonds.

The discussions also explored how the fund could diversify its income sources by investing its existing assets in credible securities as an institutional investor.