Legal Updates

Ethiopia Streamlines Foreign CSO Registration with New Directive

The Federal Authority for Civil Societies Organizations (ACSO) in Ethiopia has issued Directive No. 986/2024, outlining key procedures for the registration and administration of...

Resolving Africa’s energy disputes: Ethiopia

Ethiopia’s vast untapped natural resource potential presents a significant opportunity for the country to develop its energy sector, enhance energy access, and promote sustainable...

Ethiopia’s Tech Scene: Poised for Takeoff with the Start-up Proclamation?

Across Africa, young innovators are wielding tech like a wand, tackling problems from finance to healthcare with fresh, digital solutions. Fintech platforms are streamlining...

The Impact of NBE’s Circular on Personal Loans: What You Need to Know

The National Bank of Ethiopia (NBE) issued a circular letter asserting that any interest-bearing loan agreement between individuals or companies other than financial institutions...

Legal Update: Directive No.975/2023 for Selling Graded and Value-Added Export Coffee in Foreign Currency Domestically

Who does the Directive apply to?The Directive applies to traders engaged in trading graded and value-added export coffee domestically in foreign currency. What is...

Legal Update: Off-shore Account Operations for Strategic Foreign Direct Investment Projects Directive No. FXD/86/2023

The National Bank of Ethiopia (NBE) has issued a directive to attract foreign direct investment by allowing eligible projects to open offshore accounts and...

Influential Shareholders and Persons with Significant Influence in the Ethiopian Banking Sector

Influential shareholders in the Ethiopian banking sector are individuals, companies, or institutions that hold directly or indirectly two percent or more of the total...

Taxation on Capital Gains in Ethiopia

Capital gains refer to the profits earned from the sale of business assets such as stocks, bonds, or immovable properties. Capital gains taxation is...

The Law on Movable Collaterals in Ethiopia: What You Need to Know

A security right in a movable property is established through a security agreement. The security agreement must be in writing and signed by the...
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