In a landmark development for Ethiopia’s financial sector, the Ethiopian Capital Market Authority (ECMA) has announced that the first international institution has formally submitted an application for a license to operate in the country’s emerging capital market. “We have received the first official application from an international institution and completed the initial documentation process,” Hana said. Such knowledge transfer is considered critical for a nascent capital market seeking credibility and long-term stability. The entry of an international institution is expected to introduce new standards of competition and service quality. “Investment securities advisory services allow businesses to raise capital beyond traditional bank loans and expand through capital market instruments,” he said.

Source: Ethiopian News February 15, 2026 06:39 UTC