With its recent economic liberalization and fresh moves to join the WTO, Ethiopia is becoming an increasingly attractive market. Bruk Geremew and Iyasu Teketel believe a revamped PPP regime could help usher in an exciting future. With one of the largest sub-Saharan economies, and some of Africa’s greatest potential for renewable power production, Ethiopia is...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

With new economic liberalisation and fresh moves to join the World Trade Organisation, Ethiopia is becoming an increasingly attractive market. Dawit Kidane and Fitsum Sitotaw spoke to Craig Sisterson about protecting intellectual property (IP) rights in an evolving landscape. Ethiopia is well placed to join its East African neighbours as an innovation hub following this...Read More

With its economic liberalization and transformed legal practice, Ethiopia is fast becoming an attractive market for investors. The partners of DABLO Law Firm LLP spoke with Craig Sisterson about new hires, rapid growth, and an exciting future. Revolutionary changes to Ethiopia’s legal system and wider economy provide exciting opportunities and spurred the creation and rapid...Read More

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

DABLO Law Firm LLP is pleased to announce a new collaborative partnership with the Asian Exporters’ Chamber of Commerce and Industry (AECCI). AECCI is a recognized and well-respected non-profit organization dedicated to promoting the private sector and fostering economic growth. Through this partnership, DABLO Law Firm LLP aims to leverage AECCI’s extensive network and expertise...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