Ethiopias Capital Market Sets Sights on Talent Strategy


Ethiopias Capital Market Sets Sights on Talent Strategy

A new strategy to strengthen the human capital foundation of Ethiopia’s emerging capital market is taking shape. Led by FSD Ethiopia in partnership with iCapital Africa Institute and the Nairobi Securities Exchange, the initiative is focused on building the skills, expertise, and institutional capacity needed to support the Ethiopian Capital Market Authority (ECMA). The second round of consultations took place on April 23 at Best Western Hotel, drawing key stakeholders including ECMA Director General Hana Tehelku and FSD Ethiopia CEO Hikmet Abdella, as well as representatives from government, academia, the private sector, and development agencies. Established in 2021 under the Capital Market Proclamation, ECMA has made progress in laying a regulatory foundation for securities trading. However, a critical shortage of qualified professionals threatens to stall implementation. The country currently has only a few hundred individuals trained in securities law, governance, or market operations. The Human Capital Development Strategy (HCDS) 2025–2030 aims to close this gap. It rests on three pillars: developing skilled professionals, building strong institutions, and enabling a wider ecosystem. Plans include establishing a Capital Markets Training Institute (CMTI), accrediting training providers, and embedding capital markets education into 100 TVETs and 30 universities. The goal is to certify over 5,000 professionals and reach five million people through investor literacy programmes. “We are not built by compliance alone. We’re built by people, and sustained by skilled, visionary communities,” said Hana Tehelku. She noted ECMA’s progress training over 700 professionals and its focus on areas like digital finance and blockchain. ECMA’s work complements broader reforms under Ethiopia’s Home-Grown Economic Reform agenda, including the upcoming launch of the Ethiopian Securities Exchange. A regulatory sandbox introduced in 2024 also encourages fintech innovation, helping to lay the groundwork for a dynamic, inclusive market.

[ssba-buttons]

Radar

Revenue Drive Intensifies Following 900 Billion Br Milestone

The Minister of Revenue announced plans to collect 1.28 trillion Br in the upcoming fiscal year. This announcement was made during a discussion forum organised by the Ministry of Revenue (MoR) and the Customs Commission, which included senior leaders, employees, and relevant stakeholders. The event, themed "We will achieve our mission through coordinated leadership and active participation of employees," served as the platform for this important announcement. According to the ministry, they s...


Radar

Parliament Endorses Electoral Law Change Tying Party Support to Member Contributions

Federal legislators have ratified a contentious amendment to the Ethiopian Electoral, Political Parties' Registration, and Elections Code of Conduct Proclamation, revising the criteria political parties must meet to access government funding. The revised proclamation requires political parties to secure at least 20pc of their income from membership contributions in order to qualify for government grants. The clause passed with a majority vote in parliament, with two votes against and four abs...


Radar

City Unveils Major School Expansion Across 11 Districts

Addis Abeba City Administration has launched 150 education projects valued at over 5.2 billion Br ahead of the 2026 academic year. Spread across the capital's 11 districts, the rollout includes 14 newly built schools and upgrades to 64 existing facilities, adding 1,655 classrooms alongside ICT labs, libraries, and sports fields. City officials say the investment is part of efforts to improve access and quality of education, with infrastructure designed to accommodate students with disabilitie...