ECMA Reviews Capital Market Progress with Market Participants

The Ethiopian Capital Market Authority (ECMA) held its annual review meeting with licensed investment banks and securities dealers to assess progress made over the past year and strengthen collaboration in advancing Ethiopia’s capital market. Representatives of the Ethiopian Securities Exchange (ESX) also participated in the meeting. The meeting featured presentations on key developments in licensing, […]

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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