The Ethiopian Capital Market Authority (ECMA) held a constructive discussion with Citi Bank on the development of Ethiopia’s capital market. During the discussion, the Bank shared its experience on the key factors that have supported successful capital market development in other countries. Citi Bank’s insights touched on the foundational elements typically necessary for building a […]
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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