Publications

28 Jul Legal Update

VAT Refund

In April 2026, the Ministry of Revenues enacted VAT Refund Directive No. 1132/2016 (the “Directive”), re placing VAT Refund Directive No. 148/2011 (the “Previous Directive”). The Directive introduc…

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28 Jul Legal Update

Ethiopia’s Strategic Investment Guarantee Framework

Ethiopia has introduced a new investment protection framework aimed at attracting large-scale strategic invest ments and strengthening investor confidence. According to news reports, the regulation…

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28 Jul Legal Update

Public Notice on Rationalisation of Fees and Charges on Letters of Credit

On 25 May 2026, the National Bank of Ethiopia issued a Public Notice on FX Directive Amendment and Rationalisation of Fees and Charges on Letters of Credit. The principal significance of the Notice…

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28 Jul Legal Update

Amendment to Foreign Exchange Directive No. FXD/01/2024

On 25 May 2026, the National Bank of Ethiopia issued Foreign Exchange Directive No. FXD/05/2026, amending the principal Foreign Exchange Directive No. FXD/01/2024. The amendment was issued pursuant…

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28 Jul Legal Update

New Regulatory Framework for Franco Valuta Imports

The National Bank of Ethiopia (NBE) has issued Directive No. FVD/01/2026 on Imports on Franco Valuta, which entered into force on 29 May 2026. The Directive establishes, for the first time, a compr…

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28 Jul Newsletter

Legal Newsletter – Eleventh Edition

We are pleased to resume our newsletter after a six-month pause. During this period, we continued to follow legal and business developments closely and shared our insights through other publication…

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18 Jun Legal Update

Ethiopia’s Evolving Forex Regime

What FX Amendment Directive No. FXD/04/2026 Means for Investors and Lenders

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16 Dec Newsletter

Legal Newsletter – Tenth Edition

We are delighted to present the tenth edition of our newsletter, featuring insightful updates on recent legal developments shaping Ethiopia’s regulatory landscape.

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16 Dec Legal Update

Foreign Ownership of Residential Houses in Ethiopia

Foreign Nationals’ Ownership Right of Residential House Proclamation No. 1388/2025 (“Proclamation”) is finally gazetted on October 02,2025 and entered into effect as of this date. This law allows f…

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19 Sep Newsletter

Legal Newsletter – Ninth Edition

We are pleased to bring you a new edition of our legislative updates. This issue provides a concise overview of two key legislative developments from July and August 2025 that may have an impact on…

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19 Sep Legal Update

Customs Valuation Directive Number 1080/2025

Background

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19 Sep Legal Update

Implementation of the Concession of Duty Tariff Rates on Goods for the African Continental Free Trade Area Agreement

BackgroundThe aspiration for African regional economic integration, as outlined in the 1991 Abuja Treaty establishing theAfrican Economic Community, has progressed gradually. This journey began wit…

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