Innovate, Test, Transform

Welcome to the gateway of innovation in Ethiopia’s capital market. The Ethiopian Capital Market Regulatory Sandbox, a pioneering initiative by the Ethiopian Capital Market Authority (ECMA), in collaboration with the Innovative Finance Lab (IFL), offers a dynamic platform for both emerging and established firms to test groundbreaking capital market products, services and business models. Here, innovation meets opportunity in a controlled environment, designed to balance bold new ideas with meticulous regulatory oversight. Whether you’re a startup aiming to disrupt traditional financial market paradigms or an existing institution seeking to pioneer new technologies in capital market service provision, the sandbox provides the tools and guidance necessary to refine your innovations safely and efficiently.