Investment Policy Measures

16 results
Ethiopia

Ethiopia

03 Feb 2023

Allows foreign investment in digital payment systems

On 3 February 2023, the Government of Ethiopia adopted an amendment to the National Payment System Proclamation (Amendment No. 718/2011), which opens the digital payment systems to foreign investment. To register for these services, [...]

Ethiopia

Ethiopia

03 Feb 2023

Introduces a direct PPP negotiation mechanism

On February 3, 2023, the Government of Ethiopia implemented Public Private Amendment Proclamation No. 1283/2023. This amendment introduces a direct negotiation mechanism for PPPs, which allows the Public-Private Partnership Board to [...]

Ethiopia

Ethiopia

23 Jan 2023

Offers corporate income tax exemption for expansion and upgrading of investment

In January 2023, the Ministry of Finance released Directive No. 941 of 2022, which outlines the eligibility criteria for tax incentives aimed at encouraging investment expansion or upgrading. The directive offers two types of tax benefits: [...]

Ethiopia

Ethiopia

16 Nov 2022

Issues expression of interest to partially privatize Ethio-telecom

On 16 November 2022, the Government of Ethiopia announced that it will privatize 40 percent of Ethio-telecom. The partial privatization aims at creating a competitive and diverse telecom sector to achieve the digital transformation [...]

Ethiopia

Ethiopia

12 Jul 2022

Adopts new investment incentives

On 12 July 2022, the Council of Ministers of Ethiopia issued Investment Incentives Regulation No. 517-2022, which offers income tax exemption for investors from the date of obtaining the business license or expansion permit, as provided [...]

Ethiopia

Ethiopia

25 Mar 2021

Recognizes branches of foreign business organisations and "groups" of companies

On 25 March 2021, the House of Peoples Representatives of Ethiopia approved a new Commercial Code, which replaced the Commercial Code of 1960. Key innovations include: 1) Allowing foreign business organisations to carry out their business [...]

Ethiopia

Ethiopia

07 Sep 2020

Adoption of new investment liberalisation measures

The Investment Regulation No. 474/2020, which was adopted on 7 September 2020, opens the transport services sector. Previously, the provision of transport services, including air, railway, ground and marine transport was closed to [...]

Ethiopia

Ethiopia

02 Apr 2020

New investment proclamation published

The proclamation, which was published on 2 April 2020, provides, inter alia, that any investor may engage in any business, except where it is contrary to law, moral, public health or security. Certain activities will be restricted, [...]

Ethiopia

Ethiopia

13 Jun 2019

Adoption of Telecommunication Services law

On 13 June 2019, the Ethiopian parliament approved the Communication Service Proclamation, which for the first time liberalises the telecom sector in the country. Article 54 of the Proclamation declares that ‘telecommunications services, [...]

Ethiopia

Ethiopia

04 Sep 2018

Lifting of restrictions on logistics industry reserved exclusively for Ethiopians

The Ethiopian Investment Board has decided to lift the investment restriction in the logistic industry, which was exclusively reserved for Ethiopian nationals. The Decision lifts the restrictions imposed under Article 3.1(b) of the [...]

Ethiopia

Ethiopia

03 Aug 2018

Advisory Council on Privatization of State-owned Companies Established

The Prime Minister of Ethiopia has set up in August 2018 an Advisory Council, which oversees the process of privatizing large state-owned enterprises. The establishment of the Council aims to implement the decision of the Executive [...]

Ethiopia

Ethiopia

14 Aug 2014

Regulation adopted to establish the Ethiopian Investment Board and the Ethiopian Investment Commission

The new regulation ( Regulation No. 313-2014 of the Council of Ministers) provides for the establishment of the Ethiopian Investment Board and the Ethiopian Investment Commission, two public institutions which have respective mandates, [...]

Ethiopia

Ethiopia

13 Aug 2014

Regulation adopted to extend incentives for investment

Regulation No. 312-2014 extends various kinds of incentives for investment in industrial development zones and in manufacturing and agriculture. Regulation No. 312-2014 amends Regulation No. 270/2012. [...]

Ethiopia

Ethiopia

27 Jan 2014

New energy law proclaimed

The new law opened up the electricity generation and distribution sector to private investors for the first time. Before, the government-owned Ethiopia Electric Power Corporation (EEPCO) was solely in charge of power generation, transmission, [...]

Ethiopia

Ethiopia

18 May 2013

Puts into effect the "Bole Lemi" Industrial Zone Directive

The Directive puts into effect the "Bole Lemi Industrial Zone" which covers 385 acres. The initiative represents one of the key strategies to facilitate and support foreign and domestic companies and particularly to enhance exports. [...]

Ethiopia

Ethiopia

27 Aug 2012

Adopts Advertisement Law

The Advertisement Law of 2012 allows Ethiopian nationals and business firms whose capital is not shared by foreign nationals and foreign nationals of Ethiopian origin to undertake advertising activity. It requires any person who wants [...]

Number of policy measures per economy (since 01 Jan 2010) 1 93