Ethiopia has long offered tax holidays and other investment incentives to attract capital, including income tax exemptions and customs duty relief on capital goods.

On February 12, 2026, the National Bank of Ethiopia issued the Foreign Exchange Amendment Directive No. FXD/04/2026 revising provisions of the Foreign Exchange Directive No. FXD/01/2024.

Ethiopia recently enacted the Startup Proclamation No. 1396/2025 (the "Proclamation"), introducing a long-awaited legal framework for the recognition, regulation, and support of startups...

Ethiopia has enacted the Banking Business Proclamation No. 1360/2025 and Directive No. SBB/95/2025, opening its banking sector to foreign investors for the first time in over 50 years.

Project Finance Comparative Guide for the jurisdiction of Ethiopia, check out our comparative guides section to compare across multiple countries