Ethiopia Establishes New Directive for Collective Investment Schemes

The Ethiopian Capital Market Authority (ECMA) has introduced a new directive to regulate collective investment schemes in the country. Officially registered by the Ministry of Justice on September 23, 2026, the directive provides a legal framework for six types of funds, including money-market, mutual, and real-estate funds. These schemes allow ordinary citizens to pool their savings for investment purposes. Asset-management firms are currently establishing operations in Addis Abeba to capitalize on this developing market. This initiative marks a significant development in Ethiopia's financial sector infrastructure.