Securities Dealers

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…

As Ethiopia’s capital market moves from concept to reality, Gadaa Securities Dealer S.C. has emerged as a cornerstone institution. As one of the first firms to receive a full Securities Dealer license from the Ethiopian Capital Market Authority (ECMA) and secure trading membership on the Ethiopian Securities Exchange (ESX), Gadaa is a critical gateway for…