October 07, 2020
Members of the Ethiopian diaspora, the largest outside of Ethiopia, cheer as they respond to remarks by Ethiopia’s Prime Minister Abiy Ahmed, calling on them to return, invest and support their native land in Washington, U.S., July 28, 2018. REUTERS/Mike Theiler
As part of Ethiopia’s plan to liberalise its economy and boost investment, it is set to open up sectors that were once reserved for domestic investors. The new regulation is an extension of the country’s new investment proclamation, which came into effect earlier this year that gives equal playing field to Ethiopian-born foreign nationals and foreign investors.