The Ethiopian Capital Market Authority (ECMA) is proud to announce the granting of licenses to three (3) new capital market service providers (CMSPs) after a rigorous license application review process. In addition, the ECMA has approved the licensing of ten (10) Appointed Representatives and the appointment of fifteen (15) board directors of the three newly […]
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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