ECMA / ኢካገባ

Ethiopian Capital Market Authority (ECMA) Grants License to Two New Investment Banks

The Ethiopian Capital Market Authority (ECMA) is pleased to announce the granting of investment banking license to AMG Investment Bank PLC and NileBridge Investment Bank PLC after a rigorous license application review process.
In addition, the ECMA has approved the appointment of eight (8) Appointed Representatives and ten (10) board directors of the two newly licensed investment banks.

The Director General of the ECMA, Dagmawit Shiferaw, formally presented the license to the leadership of the two newly licensed investment banks during licensing event took place on Friday, 13 November 2026, at the ECMA’s Head Office; increasing the total number of licensed CMSPs to twenty-three (23), and total number of Investment Banks to eleven (11).

During the licensing event, the Director General of the ECMA, Dagmawit Shiferaw, extended her congratulations to the newly licensed investment banks and urged the two licensees to fulfill their role in ensuring transparent and fair market transactions and promoting equitable distribution of wealth by providing market-standard professional services.

The ECMA extends its congratulations to AMG Investment Bank and NileBridge Investment Bank and reaffirms its commitment to a strong inclusive, and resilient capital market in Ethiopia.