Changes are Coming to the Ethiopia Investment Code. Are You Ready?

By Erin O'Connor | Tue Nov 05 2019

On October 22, 2019, RENEW had the pleasure of hosting a panel discussion on the changes that are coming to the legal and regulatory framework for investing in Ethiopia. This event was in partnership with the Aspen Network for Development Entrepreneurs (ANDE), TrustLaw (Thomson Reuters Foundation) and Global Affairs Canada. Tsegamlak Solomon, RENEW’s Ethiopia Legal Counsel, sat on the panel, as well as Mesfin Tafesse, the Founder and Principal Attorney of Mesfin Tafesse & Associates.

The event was of great interest to many, with more than 60 people in attendance who all wanted to learn more about the changes coming to the Investment Code. In case you missed the event, here are some resources for your review:

Draft Investment Regulation (LINK): For investment areas open for domestic investors only, refer to Article 4; and for investment areas reserved for joint investment between domestic and foreign investors, refer to Article 5.
Summary from RENEW, ANDE and TrustLaw (LINK)
EIC October 2019 Presentation (LINK)

You can also read our recent blog about RENEW’s role in the upcoming reform (Blog: Having Skin in the Game can Help with Investment Reform). If you have any questions or if you’re interested in being notified about future events at The Exchange, please don’t hesitate to contact us today at renew@renewcapital.com. You can also contact our event partners through www.andeglobal.org and www.trust.org.

DISCLAIMER

The documents linked herein are provided strictly for informational purposes only and do not constitute investment advice or legal advice. Readers should consult their professional advisors to obtain advice with respect to any particular legal or investment matter discussed therein. The information in the documents is provided “as-is” and no representation is made that the information is accurate or complete, nor should it be relied upon as such. In addition, the information may not constitute the most up-to-date legal or other information. All liability with respect to actions taken or not taken based on the contents of the documents linked herein is hereby expressly disclaimed.