An Insight into Membership and Listing Rules The ESX launch marks a key step for Ethiopia’s Capital Market. Understanding the legal frameworks for membership and listings is crucial. Trading members and listed companies must comply with regulations set by the Ethiopian Capital Market Authority. With the market reopening, two main questions arise: How to become...Read More

Ethiopia’s Parliament has approved a new banking proclamation that paves the way for foreign banks to enter the country’s financial sector. The legislation permits foreign banks to purchase shares in local banks and, with case-by-case approval from the National Bank of Ethiopia, fully acquire them. This marks a major step in opening up Ethiopia’s banking...Read More

DABLO Law Firm LLP is pleased to present a comprehensive guide on trademark registration and protection in Ethiopia. This guide is designed to assist businesses and individuals in navigating the trademark law in Ethiopia and ensuring their intellectual property is adequately protected. The guide covers essential topics such as: Categories of Trademarks: Understanding the different...Read More

Overview of Ethiopia’s Draft Real Estate Development and Real Property Marketing and Valuation ProclamationRead More

The Information Technology Products Security Clearance and Control Proclamation No. 1310/2023 (hereinafter, the “Proclamation”) was necessitated for the protection of Ethiopia’s information technology infrastructure and the citizens of Ethiopia from emerging threats in cyberspace.[1] The Proclamation aims to regulate the importation, exportation, usage, and handling of Information Technology (IT) products with due risks to national...Read More

Ethiopia has embarked on a new era of economic policy, marked by currency devaluation and a significant revamp of the foreign currency exchange regime. The National Bank of Ethiopia (NBE) has revised its long-standing practice of fixing and controlling the exchange rate, opting for a market-based exchange regime. It has introduced a new Foreign Exchange...Read More

The National Bank of Ethiopia has introduced Directive No. SBB/92/2024, which serves to regulate the investment activities of banks within the country. This directive is designed to effectively manage risks, encourage diversification of business activities, and establish clear investment limits. Key definitions are provided for terms such as “Bank,” “Banking Business,” “Capital Market Service Provider,” and...Read More

Continuing our series on real estate, DABLO tackles a growing concern: problems with pre-sale agreements. As you may recall, our previous article explored the key players in the sector. This time, we will focus on the real estate Pre-Sale Agreements. While high housing demand has fueled rapid development, pre-sale agreements – where developers rely on...Read More

The Ministry of Finance (“MoF”), with its set vision of having a systematized excise assurance mechanism in the way of digital and physical stamps, has issued a directive on excise stamp management named the “Excise Stamp Management Directive No 1004/2024”. The intent as set in the Directive’s introduction is aimed at prevention of illicit trade,...Read More

In a seamlessly apparent manner, Ethiopia enhanced its pursuit of setting up measures to safeguard its forestry throughout its utilization by enacting an enforcement law in the form of a Council of Ministers (“CoM”) Regulation on Forest Development, Protection, and Utilization. This legislation is a follow-through to the parliamentary enactment made in 2018, the Forest...Read More