List of all Capital Market Service Providers (CMSP) in Ethiopia governed by the Ethiopian Capital Market Authority (ECMA) under Directive No. 980/2024, which establishes licensing for 15 types of activities to ensure market integrity.
In an official ceremony held on the trading floor today, the Ethiopian Securities Exchange (ESX) formally welcomed Prime Capital S.C. as its latest trading member. This addition brings the total number of licensed trading members on the exchange to eight, marking another significant step toward the ESX’s goal of fostering a transparent, efficient, and inclusive…
United Capital Financial Services PLC is now a major name to watch in Ethiopia’s financial sector because it has received the country’s first foreign investment banking license. The move marks a historic step for Ethiopia’s capital market and positions the firm as a pioneer in the next phase of financial sector development. Ethiopia’s capital market…
On February 12, 2026, Ethiopian Capital Market Authority (ECMA) granted License to BDO Consulting PLC, part of a BDO Advisory a global network with over 95,000 people in 169 countries, which provides specialized consulting services to improve business efficiency, manage risk, and support growth. The license brings the total number of licensed CMSPs in Ethiopia to…
As Ethiopia’s financial landscape undergoes a historic transformation in 2026, BDO Consulting PLC has solidified its position as a top-tier advisory powerhouse. On February 12, 2026, the Ethiopian Capital Market Authority (ECMA) officially granted BDO Consulting PLC a Capital Market Service Provider license under the Securities Investment Advisor (Corporate) category. This milestone integrates BDO’s massive…
As Ethiopia’s capital market undergoes a rapid and historic transformation in 2026, ProInvest Capital PLC has emerged as a premier partner for those looking to navigate this new financial landscape. Officially licensed by the Ethiopian Capital Market Authority (ECMA) on November 3, 2025, ProInvest Capital operates as a Securities Investment Advisor (Corporate). The firm serves…
As Ethiopia’s financial architecture undergoes a historic transformation in 2026, Zuri Capital S.C. has positioned itself as a sophisticated partner for those navigating the new Ethiopian Securities Exchange (ESX). Licensed as a Securities Investment Advisor (Corporate) by the Ethiopian Capital Market Authority (ECMA) (License granted October 1, 2025), the firm combines deep local market intelligence…
As Ethiopia enters a new era of financial modernization in 2026, Ignite Capital PLC has emerged as a groundbreaking force in the national capital market. As the first women-founded firm to be licensed by the Ethiopian Capital Market Authority (ECMA), Ignite Capital is uniquely positioned to bridge the gap between traditional enterprise and modern securities…
The recent, historic opening of the Ethiopian Securities Exchange (ESX) has paved the way for a transformative era in the nation’s financial sector. As Ethiopia’s capital market begins to flourish, both domestic and international investors face a landscape ripe with opportunity but also fraught with the complexities of a newly formed regulatory environment. Standing at…
Equation Securities Investment Advisor PLC is a prominent financial advisory firm based in Addis Ababa, Ethiopia. The company is among the select group of pioneers officially licensed by the Ethiopian Capital Market Authority (ECMA) to provide expert guidance within the nation’s emerging financial ecosystem. Under License No. 980/2024, granted on March 21, 2025, the firm…
Ethio Capital Solutions PLC is a premier securities investment advisory firm based in Addis Ababa, Ethiopia. The company helps individuals, businesses, and institutions navigate the country’s rapidly evolving capital market with absolute confidence. They operate under License No. 980/2024, which was officially granted by the Ethiopian Capital Market Authority (ECMA). Consequently, the firm maintains a…