Insights
Ethiopia Opens the Doors to Special Economic Zones (SEZs)
In 2024, Ethiopia took a leap forward by passing the Special Economic Zone Proclamation No. 1322/2024. This law redefines how businesses can operate in designated trade and industrial zones. For forward-thinking investors, this marks the beginning of a new chapter...
Legal Brief: Analysis of Ethiopia’s Draft Legislation on Foreign Ownership of Immovable Property
The Government of Ethiopia is preparing to introduce legislation that would permit foreign nationals to own immovable property, such as residential and commercial real estate, for the first time in the country’s modern legal history. This initiative, announced by Prime...
Ethiopia’s Banking Proclamation: A Legal Analysis of Foreign Bank Entry
Ethiopia’s Banking Proclamation: A Legal Analysis of Foreign Bank Entry Ethiopia's banking sector has long remained closed to foreign participation, a policy rooted in economic protectionism and national sovereignty. However, in a significant shift toward financial liberalization, the Ethiopian government...
