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Ethiopia further opens up sectors to diaspora and foreign nationals



By Samuel Getachew October  07, 2020 As a part of Ethiopia’s plan to liberalise its financial system and increase funding, it’s set to open up sectors that had been as soon as reserved for home traders. The brand new regulation is an extension of the nation’s new funding proclamation, which got here into impact earlier this yr that provides equal enjoying discipline to Ethiopian-born overseas nationals and overseas traders. “[There are] extra alternatives for us because the financial system opens as much as make investments our assets in our beginning nation, says Addis Alemayehu, an Ethiopian-born Canadian investor engaged in IT and one of many main Communications corporations within the nation.

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