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Regulations - Financial

Ethiopia Plans Vehicle Ownership Tax for 2027/28 Fiscal Year

Key Takeaways:• 2027/28 — Ethiopia expects the new motor vehicle ownership tax to take effect.• Council of Ministers plans to submit the revenue-sharing proposal …

Jul 21, 2026

Regulations - Financial

Ethiopia: NBE Digitizes Franco Valuta Imports Under a Unified legal Framework

Key Takeaways:• May 29, 2026 marks the effective date of NBE’s Franco Valuta Import Directive No. FVD/01/2026 • Franco Valuta imports will not use …

May 29, 2026

Regulations - Financial

Diaspora Bank Customers Get Temporary Fayda Exemption After Account Restrictions

Key Takeaways:• May 14, 2026 deadline triggered account restrictions for customers without Fayda-linked bank accounts.• Ethiopian Diaspora Service announced temporary exemptions for overseas Ethiopians …

May 29, 2026

Regulations - Financial

NBE Eases LC Rules and Caps Fees in FX Reform Push

Key Takeaways:• May 25, 2026 directive lets banks approve LCs and CAD without prior NBE approval.• National Bank of Ethiopia revised foreign-exchange rules for …

May 25, 2026

Regulations - Financial

Ethiopia: CBE launches crop-backed loans

- CBE rolls out commodity-backed financing for clients in the agriculture sector.- Borrowers can use crops stored in warehouses as collateral if they provide …

May 17, 2026

Regulations - Financial

South African insurers explore Ethiopian market amid liberalisation push

- Around 30 senior executives from South African insurers—including Discovery, Old Mutual, Santam, Absa Group and Sanlam—visited Ethiopia and predicted major insurers will enter …

May 15, 2026

Regulations - Financial

Ethiopia Plans Bank Lending Law for Manufacturing Credit

• 96 product categories are targeted under Ethiopia’s import-substitution manufacturing agenda.• Prime Minister Abiy Ahmed announced legislation requiring banks to allocate more credit to …

May 05, 2026

Regulations - Financial

Ethiopia may lift fuel-powered vehicle and three-wheeler import restrictions before WTO accession

• 23-year WTO accession bid has reached a “critical juncture,” according to Trade Minister Kassahun Gofe.• Fuel-powered vehicle imports were restricted in early 2024 …

May 04, 2026

Regulations - Financial

Ethiopia: Draft Insurance Law Opens Ethiopia to Foreign Equity Entry

• Up to 49% foreign ownership proposed in Ethiopian insurance companies. • National Bank of Ethiopia (NBE) released draft proclamation proposing foreign insurer participation. …

Apr 29, 2026

Regulations - Financial

ECMA Finalizes CIS Directive for Ethiopia’s Pooled Investment Market

• 2021 Capital Markets Proclamation underpins CIS directive finalized by Ethiopian Capital Market Authority. • Directive includes Real Estate Investment Funds structure within Ethiopia’s …

Apr 28, 2026

Regulations - Financial

Ethiopia’s Finance Ministry backs income tax exemption for free-trade-zone importers

Addis Ababa — Ethiopia’s Ministry of Finance has issued a directive supporting income tax exemptions for investors operating in free trade zones, in a …

Apr 16, 2026

Regulations - Financial

NBE Holds Off Credit Cap Lifting as MPC Cites Global Uncertainty

National Bank of Ethiopia maintains credit growth cap at 24%Decision taken by Monetary Policy Committee (MPC) in March 2026 reviewPolicy framework introduced in 2023 …

Apr 03, 2026

Regulations - Financial

Interbank Transfer Limits Trigger Industrial Park Complaints

National Bank caps interbank transfers, restricting fund movement between banks Industrial park tenants report operational disruptions due to transfer limits Companies unable to pay …

Mar 29, 2026

Regulations - Financial

NBE Tightens Control Over Insurers, Extends Oversight to Agents and Intermediaries

National Bank of Ethiopia expands regulatory oversight across insurance sectorNew directive extends supervision beyond shareholders to agents and intermediariesInsurance agents now subject to stricter …

Mar 27, 2026

Regulations - Financial

Customs Reform Targets Faster Clearance, Wider Anti-Contraband Net

Import clearance period proposed to extend from 30 days to 45 daysImporters allowed partial cargo release before full documentation completionReform targets reduction in port …

Mar 24, 2026

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