The Economic Commission for Africa (ECA), the Ethiopian Capital Market Authority (ECMA), FSD Africa and Ethiopia convened over 80 representatives from Ethiopia’s financial sector this week for the Stakeholder Validation Workshop of Ethiopia’s Capital Markets Master Plan (CMMP), a ten-year strategic roadmap designed by Genesis Analytics and Bourse Consult to develop a deep, diversified, and trusted capital market capable of financing the country’s economic transformation.
Held at the UN Conference Centre in Addis Ababa, the two-day workshop brought together regulators, government ministries, financial institutions, capital market intermediaries, professional associations, and development partners to review the draft CMMP, stress-test its implementation priorities, and build collective ownership of the reform agenda it sets out.
Ethiopia’s capital market has moved rapidly from institutional establishment into early market operation. The Ethiopian Securities Exchange is operational, the Central Securities Depository is advancing, and licensed intermediaries are active. The CMMP now provides the strategic framework to consolidate these gains and move toward a more mature, diversified market over the coming decade.
