Ethiopia, April 18 -- Addis Ababa, April 18, 2024(Addis Walta) The Ethiopian Investment Board has issued a new directive outlining that foreign investors can engage in specific trade investments.

The board has unveiled a new directive to regulate foreign Investors' participation in previously reserved businesses including export, import, wholesale, and retail trade investments.

Ethiopian Investment Commission (EIC) Commissioner, Hanna Arayaselassie briefed today the details of the new directive that will create better competitiveness and increase quality in trade investment.

Accordingly, the objective of this directive is to list out investment areas in the export, import, wholesale, and retail trade sectors reserved for domestic inves...