Investment framework and opportunities in Ethiopia

Procedures Relative to Foreign Investment

Obligation to Declare: A foreign investor intending to buy an existing private enterprise or buy shares in an existing enterprise needs to obtain prior approval from the Ethiopian Investment Commission (EIC).
Competent Organisation For the Declaration: Ethiopian Investment Commission (EIC)
Requests For Specific Authorisations: Ethiopia’s Investment Code prohibits foreign investment in banking, insurance, and financial services, along with the following sectors: broadcasting, air transport services (up to 50 seats capacity), travel agency services, forwarding and shipping agencies, retail trade and brokerage, wholesale trade (with some exceptions) and most import trade.

Investment Aid Agency: Ethiopian Investment Agency (EIA)
Tenders, Projects and Public Procurement: Electronic Government Procurement Ethiopia, Tenders in Ethiopia
Tenders Info Ethiopia, Tenders in Ethiopia
DgMarket, Tenders worlwide
Other Useful Resources: 2018 Investment Climate Statements by the U.S. Department of State

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