Ethiopian Capital Markets Authority Set to Accept Applications for Investment Bank Operation License.
The Ethiopian Capital Markets Authority has unveiled an opportunity for investors and financial institutions alike as it gears up to accept applications for Investment Bank Operation Licenses.
In line with the implementation of the Capital Market Service Providers Licensing and Supervision Directive (No. 980/2024), this landmark move marks a significant stride towards the nation’s incoming capital market landscape.
Announced today, the Ethiopian Capital Markets Authority disclosed that the application process for Capital Market Service Providers will commence in two weeks.
Through social media channels, the Authority has extended an invitation to prospective market participants, encouraging them to familiarize themselves with the stringent license prerequisites outlined in Directive No. 980/2024.
