Ethiopia’s Foreign Exchange Overhaul: A New Era of Market-Based Currency Policies
Introduction Ethiopia has embarked on a new era of economic policy, marked by currency devaluation and a significant revamp of the foreign currency exchange regime.
Ethiopia’s New Special Economic Zone Proclamation: A Catalyst for Investment and Economic Growth
I. Introduction Ethiopia has recently enacted the Special Economic Zone (SEZ) Proclamation No. 1322/2024, marking a pivotal legislative milestone designed to bolster investment opportunities and drive economic growth.
Ethiopia’s Financial Sector Liberalization: The New Banking Business Proclamation and Its Implications
I. Introduction In recent years, Ethiopia has undertaken a significant policy shift in its approach to foreign direct investment (FDI) by opening sectors that were previously reserved exclusively for domestic investors.
Ethiopia’s New Directive on Import Export Trade Liberalization for Foreign Investors
I. Introduction Ethiopia has introduced a new Directive to Regulate Foreign Investors’ Participation in Restricted Export, Import, Wholesale and Retail Trade Investments,