Home Africa Ethopia: Ethiopia licenses first investment banks, expands capital market services

Ethopia: Ethiopia licenses first investment banks, expands capital market services

Ethopia: Ethiopia licenses first investment banks, expands capital market services

Africa Links 24 with Addis3
Published on 2025-03-21 10:00:37

(Photo: Addis Standard)

Addis Abeba– The Ethiopian Capital Market Authority (ECMA) has licensed five new capital market service providers, including Ethiopia’s first investment banks, in what it described as a “significant step” for the country’s financial sector. The licensing, granted on March 21, increases the total number of licensed service providers from four to nine, according to ECMA.

The newly licensed institutions include CBE Capital S.C. and Wegagen Capital Investment Bank S.C., both designated as investment banks….

Read the full article on Addis Standard

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