NEWS
Ethiopia’s New Investment Framework – The Regulation
Ethiopia’s new investment framework has been further updated with a detailed implementation regulation (the “Investment Regulation” or the “Regulation”), published on September 2, 2020, in the Negarit Gazette. It follows the launch of the new investment proclamation (the “new investment law” or “IP”) earlier in 2020.1 The Regulation, unlike in previous rounds of investment laws, is broad in scope and covers a number of issues previously treated at primary law level. Therefore, appraising the full potential impact of Ethiopia’s new foreign investment framework requires an assessment of the Regulation, which is the subject of this briefing, prepared by Anthony Giustini and Nadezhda Varbanova (from Clifford Chance)2and Tadesse Kiros and Habtamu Hailemeskel (from Tadesse Kiros Law Office, Ethiopia).
read moreEthiopia’s new investment law – what does it mean for foreign investors?
The Ethiopian House of Peoples’ Representatives adopted Investment Proclamation No. 1180/2020 on 30 January 2020, which replaces Proclamation No.769/2012. We have produced a briefing paper, in partnership with Clifford Chance, analysing key aspects of the new law that we deem to be relevant for foreign companies planning to invest in Ethiopia or conducting business with Ethiopian parties. The briefing paper can be download using this link.
read moreTadesse Kiros Law Office Co-hosts Seminar on the Ethiopian Power Sector
Tadesse Kiros Law Office, in partnership with Baker McKenzie, hosted a seminar on the Ethiopian power sector and lessons that could be learned from other markets. Representatives from both the private and the public sectors such as Siemens, General Electric, IFC, ENGIE, the Ethiopian Energy Authority, Ministry of Finance, and Investment Commission were in attendance.
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