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This briefing describes a project (February–October 2022) to establish a regulatory and licensing framework for capital market service providers and self-regulatory organisations in Ethiopia. The initiative aims to improve investor confidence in Sub-Saharan Africa and drive inclusive economic growth through more efficient capital allocation.

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  • The project's primary objective is the creation of a policy and regulatory framework for the licensing and regulation of self-regulatory organisations and capital market service providers in Ethiopia. The intended outcomes include the establishment of a robust enabling framework for capital market intermediaries, the development of responsive policies, and the creation of an effective regulatory regime and capacity.
  • The project aims to achieve long-term impacts including inclusive economic growth, increased access to jobs, and the more efficient and effective allocation of capital resources to finance long-term growth. Additionally, it seeks to increase investment opportunities and confidence for international and domestic investors within financial markets in Sub-Saharan Africa (SSA).
  • Prior to the public exposure of the final draft of the framework, consultants carried out stakeholder consultations with market players located in Ethiopia.

Cite the original document

APA
FSD Africa (2022). Ethiopia Licensing Framework. https://fsdafrica.org/wp-content/uploads/2025/05/Capital-Markets-Ethiopia-Licensing-Reviewed-JG.-doc.pdf
Chicago
FSD Africa. Ethiopia Licensing Framework. 2022. https://fsdafrica.org/wp-content/uploads/2025/05/Capital-Markets-Ethiopia-Licensing-Reviewed-JG.-doc.pdf.
Wikipedia
{{cite report |author=FSD Africa |title=Ethiopia Licensing Framework |date=October 2022 |url=https://fsdafrica.org/wp-content/uploads/2025/05/Capital-Markets-Ethiopia-Licensing-Reviewed-JG.-doc.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{fsdafrica2022ethiopia, author = {{FSD Africa}}, title = {{Ethiopia Licensing Framework}}, institution = {FSD Africa}, year = {2022}, month = oct, url = {https://fsdafrica.org/wp-content/uploads/2025/05/Capital-Markets-Ethiopia-Licensing-Reviewed-JG.-doc.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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