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Prime Capital Obtains License as Second Independent Investment Bank

Apr 21 , 2026

Prime Capital has been granted a license by the Ethiopian Capital Market Authority (ECMA) this week, authorising its operation as the country’s second independent investment bank, after First Addis Investment.

The firm, managed by Habib Mohammed, plans to specialise in capital markets advisory, encompassing debt and equity, mergers and acquisitions, corporate restructuring, underwriting, private placements, and transaction structuring. In contrast to conventional commercial banks, Prime Capital, whose board is chaired by Mukemil Bedru, functions independently to facilitate capital mobilisation for businesses, provide investors with access to regulated markets, and streamline substantial investments, as per company statements.

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