The licensing of Ethio Fidelity Securities S.C. marks a historic milestone in the liberalization of Ethiopia’s financial sector. On July 30, 2025, the firm made headlines by becoming the first independently established private entity to secure a Securities Dealer license from the Ethiopian Capital Market Authority (ECMA). Unlike many of its competitors, such as Wegagen Capital or CBE Capital, which are subsidiaries of massive banking institutions, Ethio Fidelity is a standalone private-sector entrant. This independence allows the firm to operate with a unique level of agility and a singular focus on market-making and brokerage without the overhead or conflicting interests of a parent commercial bank.
Ethio Fidelity is positioned as a primary “liquidity provider” for the Ethiopian Securities Exchange (ESX). With a paid-up capital of ETB 14.2 million—significantly higher than the minimum regulatory requirement—the firm has the financial muscle to engage in proprietary trading, meaning it can buy and sell securities for its own account to ensure market stability. Led by CEO Anteneh Kassa, the firm is dedicated to bringing manufacturing and commercial companies to the exchange, moving beyond the banking-heavy listings that currently dominate the market.
Core Services: Brokerage and Proprietary Trading
Ethio Fidelity operates primarily as a bridge between the exchange and the private investor, focusing on high-execution standards and technical market depth.
- Securities Brokerage: Acting as an agent for retail and institutional clients to buy and sell stocks and bonds on the ESX.
- Proprietary Dealing: Investing the firm’s own capital to create “market depth,” which helps reduce price volatility for common stocks like Gadaa Bank (GDAB) or Ethio Telecom (TELE).
- Corporate Listing Facilitation: Helping private manufacturing and trading firms prepare for IPOs by restructuring their financials to meet ESX transparency standards.
- Neway App Integration: As a licensed trading member, Ethio Fidelity is a selectable broker on the ESX Neway App, allowing investors to route their trades through an independent, private-sector desk.
Ethio Fidelity Securities Vacancy and Careers
As an independent startup in a specialized field, Ethio Fidelity Securities vacancy announcements are highly competitive and prioritize technical proficiency over general banking experience. The firm is building a “Wall Street” style culture in Addis Ababa, seeking individuals who can navigate real-time trading environments.
Recruitment & Salary Insights (2026)
The firm looks for professionals who hold international financial certifications, as these are often required for licensed representatives under ECMA directives.
- Target Roles: Licensed Securities Traders, Compliance Officers (AML/CFT experts), Investment Analysts, and Settlement Officers.
- Key Qualifications: Candidates with CISI (Chartered Institute for Securities & Investment) certifications are often fast-tracked. Experience with trading platforms and data analytics (Python, Power BI) is increasingly prioritized.
- Salary Scale: While the base salary for skilled finance dealers in Ethiopia ranges from ETB 15,000 to ETB 48,000, Ethio Fidelity offers a performance-based incentive structure. Traders and brokers often earn commissions based on transaction volumes and portfolio performance, potentially pushing total compensation significantly higher than traditional retail banking roles.
Essential Contact and Location Details
Ethio Fidelity is headquartered in the heart of Addis Ababa’s financial district, often referred to as the “Sengatera Wall Street” area.
- Headquarters: Sengatera Traders’ Union Building, 14th Floor, Lideta Sub-city, Sengatera, Addis Ababa. (Some administrative functions are also located on the 13th floor).
- Phone: +251 11 557 8397
- Official Website: www.ethiofidelity.com
- Official Email: info@ethiofidelity.com
- Settlement Bank: Zemen Bank S.C. (All investor funds routed through Ethio Fidelity are held in specialized settlement accounts at Zemen Bank for maximum security).
Investor Summary: Ethio Fidelity at a Glance
| Metric | Detail |
| License Type | Securities Dealer & Broker |
| ECMA License Date | March 21, 2025 (Official Grant) |
| ESX Membership | July 30, 2025 (First Independent Member) |
| Paid-up Capital | ETB 14.2 Million |
| Key Competitive Edge | Independent status (No bank affiliation) |
| Primary Trading App | ESX Neway App |