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.
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 … Read more
Prime Capital S.C. acquired investment banking license in the non-banking category from Ethiopian Capital Market Authority(ECMA). The license includes approval of 9 board of directors and 4 appointed representatives within Prime Capital Investment bank by the capital market authority. As of today the total number of ECMA licensed capital market service providers reached 17 – … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
The licensing of Siinqee Investment Bank S.C. on December 31, 2025, represents a pivotal expansion for one of Ethiopia’s fastest-growing financial institutions. Emerging from the legacy of the Oromia Credit and Saving Share Company (OCSSCO), Siinqee Bank has rapidly transitioned into a commercial powerhouse. Its new investment banking arm is the centerpiece of a broader … Read more