The Ethiopian Capital Market Authority (ECMA) has officially issued a Capital Market Service Provider (CMSP) license to ProInvest Capital PLC, authorizing the firm to operate as a Securities Investment Advisor.
With this approval, the total number of licensed CMSPs in Ethiopia rises to twelve (12) — a clear sign of the market’s rapid expansion and growing institutional framework.
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Dr. Hana Tehelku, Director General of ECMA, extended warm congratulations to ProInvest Capital PLC and welcomed its four (4) newly certified Appointed Representatives.
This latest licensing milestone highlights increasing trust in Ethiopia’s capital market ecosystem and strengthens access to professional investment advisory services for both retail and institutional clients.
As more licensed players enter the space, opportunities continue to grow for investors, issuers, and financial innovators looking to tap into Ethiopia’s evolving capital markets.
You can check all the listed service providers here
